Compliance

Pinnacle Financial wanted to be in high-growth markets. BNC Bancorp saw more regulatory burden looming and limited opportunities to sell itself. Those factors spurred what is currently the year's second-biggest bank deal.

The certification covers compliance, risk and strategy expertise as the payments industry becomes increasingly digitized and global.

Ever since Apple opened its Siri voice assistant to outside developers late last year, payment companies have been experimenting with the potential of voice-controlled payments. Here's a look at what some of the early adopters have already accomplished.

A new joint venture with Gas Station TV will help Verifone Systems Inc. expand its services in the coming year, providing more exposure for the terminal manufacturer's merchant clients and a stronger media service for its petroleum clients. In addition, Verifone will expand its role as a software provider.

A number of small banks have disclosed material weaknesses in loan-loss accounting and other procedures. Reasons vary, but a common thread appears to be that accounting firms are facing pressure to beef up their scrutiny of internal controls in financial services.

The tiny Flagship Bank has made an unusual bet in agreeing to pay 20 times current capital to buy BankMobile, but the same Durbin amendment that prompted Customers Bancorp to sell the unit also made Flagship the ideal buyer.

Credit unions and financial institutions are required to take steps to protect against cyberattacks, but small businesses that process payments are not doing enough to protect the security of the financial system, a credit union executive said Wednesday.

Users of virtual currencies like bitcoin are backing an industry group to oppose tax authorities’ efforts to collect detailed information about the customers of a popular digital currency exchange.

A previously unreleased paper lays out the pros and cons for banks of technologies designed to restore confidentiality on shared ledgers.

Verifone is checking into a breach of its computer network, reports security blogger Brian Krebs.