Americas

The $63 million-asset Taconnet Federal Credit Union ha merged with $94 million-asset New Dimensions Credit Union

Some of the biggest digital wallets in the world — including Alipay and WeChat Pay — succeed because they have very little in common with other big-brand wallets like Apple Pay, Google Pay and Samsung Pay.

New York state's pension funds are urging credit card companies to consider following Citigroup's lead in cracking down on gun sellers.

Forget ROA and efficiency ratio. When it comes to buying stakes in small banks, many investors are looking at indicators like commodities prices, executives' ages and city-by-city market conditions.

CorePlus Federal Credit Union will acquire Connecticut Community CU in a merger expected to close later this year, pending regulatory and member approval.

While the merger was legally completed nealry a year ago, it was not until recently that the process of integrating the two institutions' technology was wrapped up.

A University of Iowa regent who questioned the credit union's relationship with the university is part-owner of a local bank.

United Community Banks in Georgia tried hiring Lynn Harton in 2006, but he took another job. They kept in touch, and he's now poised to become the company's CEO.

First International Bank plans to rename the company Kotapay, while expanding services that include handling direct deposit and credit card processing for financial firms.

The Arlington, Texas-based credit union now has more than $1.2 billionin assets and serves more than 114,000 members. The merger was first announced last spring.