Fintech

Digital banking and payments provider PrePay Solutions is partnering with PayQuicker to help with currency conversions in payroll management programs globally, and to expand PayQuicker's capabilities for its clients' international workers.

The Indiana-based institution's distribution for 2018 was up more than 60 percent from the previous year.

The Montana company will more than double its assets in Utah when it buys FNB Bancorp.

For the U.S. to move forward, education will be required to teach users how to utilize new technology to manage their finances, says Katy Gibson, vice president of product applications at Envestnet Yodlee.

The Iowa company will pay $94 million for a bank with five branches and $727 million in loans.

As the e-commerce payments ecosystem rapidly changes, banks have to find a way to be part of that landscape. This is especially valuable to banks whose customers shop online and could benefit from a loan.

Credit unions in Idaho, Oregon and Washington gave a $603 million direct financial benefit to members, according to a new report, which also showed membership growth outpacing population growth in much of the region.

The company owning brands such as Kay Jewelers and Jared the Galleria of Jewelry will pay $11 million under a settlement with the consumer bureau and New York's attorney general.

Local payment methods cater to the technology and user-experience needs of specific regions, says Steve Villegas, vice president of partner management at PPRO.

Bob Jones will retire in early May. He will be succeeded by Jim Ryan, the Indiana company's chief financial officer.