Retail & Commercial

Small and midsize businesses (SMBs) are adapting to digital payments technology at slower speeds and for different reasons than larger enterprises. Cash and checks still account for almost half of all SMB payments, and SMBs have lagged behind other merchants in the U.S. shift to EMV technology.

A major study recently named the $2.5 billion-asset CU the No. 1 performing credit union in California.

Senior executives from Barclays, Bank of America and other big banks urged women to aim high, take chances on challenging jobs and — perhaps most important — provide support to other high-performing female colleagues instead of viewing them as a threat.

With the acquisition Timberland would add $187 million in assets in the Puget Sound area.

The Indiana company agreed to pay $101 million for the $586 million-asset First Security.

The bank found that mixing personal finance management with positive reinforcement allowed it to appeal to younger customers.

Mahesh Aditya will immediately take over risk management for the U.S. subsidiary of Banco Santander, which is trying to turn the corner after several tough years on the regulatory and financial fronts.

Independent's branch network in Denver will nearly triple after it completes the $1 billion acquisition.

The bill passed by the House took a more cautious approach to relief than prior legislative proposals but has still been hailed by banking industry groups.

For many borrowers, near-guaranteed approvals and faster turnaround times are more important than the lower rates offered by banks and credit unions.