Fintech

Fairfax County Federal Credit Union's new name is intended to illustrate a reach well beyond what its original name implies.

B2B global payments provider Payoneer is acquiring German fintech Optile to expand its services to include consumer-to-business payments acceptance.

Big Tech’s entry into the financial services space and changes in consumer behavior patterns could push some institutions away from Facebook and Twitter, but a host of new platforms are vying for the industry's attention.

The region is technologically advanced, but still has a large percentage of underbanked consumers, says PPRO's Javier Vallaure.

Absorbing Health Facilities FCU will deepen S.C. Federal's presence in the city of Florence.

BMO Harris Bank in Chicago recently became the first financial institution to offer a Mastercard that allows transgender and nonbinary people to use their preferred names. Members of that community often experience disproportionate financial hardship, in part because of employment discrimination.

BMO Harris Bank in Chicago recently became the first financial institution to offer a Mastercard that allows transgender and nonbinary people to use their preferred names. Members of that community often experience disproportionate financial hardship, in part because of employment discrimination.

The deal will create a bank with nearly $50 billion in assets.

Goldenwest Federal Credit Union is taking another crack at bringing home an underperforming revenue stream, hoping support for due date payments can spur more members to use the service.

Cost cutting and systems integrations are short-term priorities, but over time CEO Kelly King and his heir apparent, Bill Rogers, will have to exploit the combined BB&T-SunTrust's revenue potential and prove the biggest post-crisis merger was a good idea.