Americas

The Arizona Fintech Council, an organization of banks, economic and technology groups, will encourage collaboration and access to the state's regulatory sandbox to promote a version of Europe's open banking policy in the U.S.

The Arizona Fintech Council, an organization of banks, economic and technology groups, will encourage collaboration and access to the state's regulatory sandbox to promote a version of Europe's open banking policy in the U.S.

Konstantina Baker has been appointed to lead the Fort Wayne, Ind.-based institution following the retirement of longtime CEO Gregory Troutner.

Chris Hendry has served on the credit union's board but has spent his career in health care and philanthropy. He said many of his skills are easily transferable, including a focus on marketing and community engagement.

The Virginia-based credit union has appointed Executive Vice President Lisa Lambrecht as a temporary successor to former President and CEO Delbert Lee Morgan, following his move to Pen Air FCU.

The St. Louis-based institution is the latest in the industry to create an executive-level position focused on diversity, equity and inclusion.

The growing pressure on app stores to allow multiple payment methods may prove to be as disruptive as the Durbin amendment was to debit card payments.

The deal, subject to approval from regulators and members, will add to Valley Strong's existing branch network and comes after several years of losses at Solano First.

The company would gain its first branches around Annapolis after it buys Severn Bancorp in a deal valued at $146 million.

CardX, which enables merchants to add a fee for accepting credit cards, won by showing how its product provides transparency to consumers.