Americas

Alex Sanchez acknowledges that the U.S. has a lot of banks and many failed in the crisis, but he says a healthy economy needs a fresh supply of community lenders to nurture entrepreneurs.

Fleet card and virtual card technology provider WEX plans to acquire the Go Fuel Card business from fuel station and convenience store retailer EG Card.

One credit union marketing expert offered tips on how to break down silos to create "smarketing."

Institutions that fail to embrace AI, machine learning and data analytics could quickly find themselves losing ground to competitors.

University Bancorp gained a number of offices from Huron Valley Financial. It also hired lenders and staff with experience in reverse mortgages and wholesale lending.

Members of Credit Union South, which has lost money during the past five years, voted to approve the merger.

State law bars credit unions from accepting deposits from cities, counties and other government entities. Florida banks say it should stay that way unless tax advantages for credit unions are removed, but credit unions counter that banks are trying to stifle competition.

Alan Bergstrom previously served as chief marketing officer for a Wisconsin credit union before taking over at Exclamation Services.

Rising waters in the Cornhusker State have already caused in excess of $1 billion in damages.

Despite some significant advancements in the past two years, rifts are already developing in the U.S. move to faster payments.