Americas

With a solution that addresses the unique security, transaction speed and integration requirements of the transit environment, EMV contactless open payments for transit can become a reality and change our public transportation experiences for the better, writes Randy Vanderhoof, director of the U.S. Payments Forum.

The company, which counts veteran banker Jay Sidhu among its investors, is selling to Ameris for $145 million in cash and stock.

The company has agreed to pay $49 million for First West Virginia Bancorp, the parent of Progressive Bank.

Credit unions have a long history of serving immigrants and other underserved populations, but meeting the unique challenge of complying with Shariah law is no mean feat.

Canada's payments modernization initiative is using a distributed ledger to expedite processing across a nationwide network, providing scale that could open the technology to wider use elsewhere if successful.

Stephen Grech takes the reins at Monroe County Community, following former CEO Mike Newman's death earlier this year.

Ventura, Calif.-based CU adding online, mobile banking.

The company, which had launched an at-the-market offering in late May, plans to use the proceeds for organic growth.

Bridge Bancorp, which plans to rebrand is bank as BNB Bank, also plans to boost 2018 profit by $3.3 million by closing 14% of its branches.

Bank of McKenney rebranded itself as Touchstone Bank after its merger with CCB Bankshares.