Americas

Kevin Stein, who runs a private equity firm, has also supervised banking groups at Barclays and FBR Capital Markets.

After a year of trying to appease U.S. regulators, Ant Financial and MoneyGram have terminated their merger agreement, challenging the Chinese company's strategy for global expansion.

CSCU will continue as a separate, card-processing entity.

Doug Bowers contends that last year’s leadership shake-up, job cuts and corporate governance overhaul will make the company more competitive in its home state.

The assessment from the central bank means MidSouth faces restrictions on board appointments and executive duties. Last year the OCC called the Louisiana company a "troubled institution."

Acquirers announced deals in California, Missouri and Pennsylvania on the last business day of 2017, raising the year's final tally to 245 transactions.

Some of the most important work in payments happens before the transaction, when retailers have to make sure their devices can handle the new technologies and card types that are about to get thrust upon them.

Carter Bank & Trust’s founder shunned internet banking and handled most executive duties himself. He died in April and his successor, Litz Van Dyke, is now working at breakneck speed to modernize this once-hidebound Virginia bank.

Members will receive 2 percent return on loan finance charges, bonus dividend.

Here we take a data-driven journey into 2018 and some of the key trends that we’re likely to witness.