Fintech

Bank of America’s P2P transaction volume via Zelle is surging, with millennials driving the bulk of its usage.

The company has agreed to buy Albany Bancshares, which has four branches near the Iowa border.

The agency is trying to update its rate-cap policy for institutions that fall below "well-capitalized." But it remains to be seen if the proposed changes fully address community bankers' concerns.

Apple is expanding the list of merchants where Apple Card users may earn 3% cash back, starting with Uber.

In the age of e-commerce and the "Pays," redemptions will no longer be viewed primarily as an expense to be managed, but rather as a tool to create value through higher spending, brand engagement, and long-term loyalty, says Capco's Daniela Hawkins.

Proponents of a plan to get the Postal Service more involved in banking say it would restore profitability. Actually it would lose more money.

The Louisiana company will enter two new markets after it buys the locations.

Proponents of a plan to get the Postal Service more involved in banking say it would restore profitability. Actually it would lose more money.

Community First will pay $40 million in cash for the parent of Affinity Bank.

Barclays has jumped on a huge range of technology that brings payments closer to myriad activities, but as competition looms, the bank is working to better organize its projects.