Fintech

Community banks shouldn’t wait for the Fed to create a new real-time payments rail when consumers are already flocking to other options.

The Arkansas company will pay $434 million for Landrum Co., which also has branches in Oklahoma and Texas.

The Boulder, Colo.-based institution will now serve a dozen counties in its home state.

The Apple Card drew a lot of attention when it was announced in March, and it's finally time to see if that buzz translates to adoption.

The Louisiana company will pay $15 million in cash for Bank of York.

The Delaware company, best known for issuing prepaid cards, has ramped up commercial real estate securitizations. The shift promises to deliver big fees, but it could also cause headaches if defaults spike.

A new study from WalletHub ranked each state according to the credit card debt consumers have racked up.

The approach could work as long as the Fed were to add certain thresholds.

Capital One Financial lost data from as many as tens of millions of credit card applications after a Seattle woman hacked into a cloud-computing company server, federal prosecutors in Seattle said.

The Senate is also expected to pass a budget deal that will increase spending and suspend the debt ceiling.