New York

Ziv Biron succeeded Uri Levin, who was named CEO of Discount Bank, IDB's Israeli parent company.

Transit systems want to use contactless and open payment systems to address ridership declines, an innovative strategy that nonetheless is riddled with pain points due to how transit has traditionally modernized.

With the pace of credit unions gaining CDFI certification already slowing, a change to how the Treasury Department reviews applications could have an impact on institutions receiving grants.

The Kingston, N.Y.-based institution can now serve those who live and work in seven counties.

Christina Sauve will succeed Ron Ehrenreich, who founded the institution.

The name Jovia is a reference to the word jovial and is intended to inspire trust and optimism.

The company will offer deposit-related services to firms with permits for hemp and CBD.

Members of Postal Employees of Troy, N.Y. Federal Credit Union approved the transaction earlier this week.

The loan participation has been flagged for potentially fraudulent activity.

The company says its exposure involves a participation loan to a business customer for which it was the originator.