Fintech

The branch closures will reduce overhead by an estimated $1.9 million a year.

Nearly all new payments technologies strive to become as ubiquitous — and as secure — as possible. It's a goal that is harder than ever to achieve.

Business pay has always lagged consumer innovation because of complexity. But new advancements in underlying business technology should change that, according to Rob Eberle, CEO of Bottomline Technologies.

The $126 million-asset credit union selected the new core platform in order to increase automation and cut down on "busy work" for employees.

A pair of studies released Thursday show consumers once again added to their debt burden during the holiday season even as they admit to needing more financial education.

Visa has a deal to acquire the London-based bank payments provider Earthport for 198 million pounds ($250.6 million U.S.), pending approval from Earthport's shareholders.

Through a unique partnership, Nutmeg State Financial Credit Union offers DMV services at two of its locations. So far the results have showcased the power of technology.

The financial services and payments industries are aggressively trying to replace older systems with sleeker technology, but Swift has a separate goal in mind with the Global Payments Innovation system, or GPI.

The pressure is on CEO Christopher Myers, one of our community bankers to watch, to make the most of CVB Financial's biggest acquisition to date.

The Jacksonville, Fla.-based credit union purchased the facility from Atlantic Coast Bank for $2.2 million.