Fintech

The North Dakota company agreed to buy the $90 million-asset Prairie Mountain Bank.

Mark Graf, who joined the Riverwoods, Ill.-based credit card issuer in 2011, will participate in the search for his successor.

Over time, real-time payments could become the predominant payment type while virtually eliminating cash and checks.

DNB had been facing pressure from an activist investor to consider selling itself.

The company will pick up five branches as part of the $48 million deal.

On-demand wage delivery has caught on in other industries. Banks have taken notice.

The regional bank has begun closing branches in Chicagoland as part of a plan to reduce its net number of brick-and-mortar offices by up to 15% even as it looks to expand in the Southeast.

The New Jersey bank is entering a business dominated by larger players. In doing so, it could create a blueprint for other small banks.

Mobile technology has improved the process of sending cross-border remittances, but most international money transfer services still have a long way to go before they’re streamlined and real-time.

JPMorgan Chase, the biggest U.S. credit card issuer, is reviving a controversial policy that forces credit card customers to use arbitration instead of court to resolve payment disputes.