Fintech

Citi wants to attract credit card customers who use its card for staples such as groceries and gas — a pivot from its past of marketing to the social butterflies who would use its cards on dining and entertainment.

Pennsylvania State Employees Credit Union returned $22 million to its members.

Leveraging the trust relationship the bank already enjoys with its customers, based on robust security, engagements can go beyond run-of-the-mill transactions, writes Sherif Samy, senior vice president of North America at Entersekt.

Bob Mahoney, CEO of Belmont Savings, called Jack Barnes after People's United agreed to buy a Connecticut bank. The banks announced their own merger agreement five months later.

By adopting faster payments, businesses have more flexibility to make last-minute payments and emergency payrolls, or gain a larger window for early-payment discounts.

Despite strong performance in the industry overall, analysts expect regulators to shutter more institutions in the years ahead.

The Sidney, Mont.-based institution distributed the payments earlier this week.

London-based Vegannection has launched a prepaid card for vegans that’s accepted only at merchants that pass its standards test.

A smooth integration of Access National could allow John Asbury, CEO of Union Bankshares, to move a step closer to building a regional franchise that stretches from Baltimore to Hampton Roads.

Samsung is exploring the development of a smartphone-based cryptocurrency wallet, according to a recent patent application the electronics giant filed in the U.K.