Americas

Canada is making a big leap in modernizing identity verification, tapping blockchain technology to let consumers digitally prove who they are to securely access banking and other personal services.

Doug Fagan was named president as Sundie Seefried, who will remain CEO, spends more time on the credit union's cannabis banking division.

As credit unions attempt to bring in deposits to fund more loans, one institution's success story could offer a path for others.

Innovation is part of Emily Girsch's daily routine. That's why the chief financial officer at Lincoln Savings Bank in Cedar Falls, Iowa, spends a lot of time thinking about the need to modernize bank regulations for the digital age.

MidSouth had spent the last two years improving credit quality by reducing its exposure to energy credits.

Rising premiums and lengthy earn-back periods have made investors more skeptical than ever about M&A. So the sooner banks are able to convert systems and rebrand, the sooner they'll be able to meet the promised cost-cutting and revenue targets.

The Department of Financial Services has created a statewide financial protection division focused on corporate compliance and consumer issues, in line with steps taken by New Jersey and Pennsylvania.

The company, which has invested $3 million in fintech in recent years, said the value of the portfolio is nearing $14 million.

The good times continue to roll for two New York City marshals whose work collecting debts for predatory lenders is making them millionaires.

Val Mindak, who has led Park City Credit Union for a decade, will help advise Minneapolis Fed President Neel Kashkari.