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The likes of Apple and Amazon are becoming bigger threats to incumbent payments companies, but MasterCard CEO Ajay Banga says his company views these players as potential allies.
January 31 -
Salisbury Bank and Trust (SAL) in Lakeville, Conn., has agreed to purchase a branch from Union Savings Bank in Danbury, Conn.
January 31 -
The consulting firm Promontory Financial Group has established an awards program to spotlight efforts by small financial firms to serve the underbanked.
January 31 -
Provident Financial Services (PFS) of Iselin, N.J., said Friday that it earned $17.4 million in the fourth quarter, up 4.2% from the same quarter a year prior, due largely to improved asset quality.
January 31 -
Kearny Financial Corp. (KRNY) in Fairfield, N.J., has agreed to buy Atlas Bank in Brooklyn, N.Y.
January 31 -
MasterCard reported fourth-quarter profit that missed analysts' estimates as expenses climbed. Net income rose 3 percent to $623 million, or 52 cents a share, from $605 million, or 49 cents, adjusted for a stock split
January 31 -
One could imagine a postal bank as a feeder service that brings unbanked consumers into the mainstream financial system and then graduates them to private institutions.
January 31
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A big payment to a former executive and a decline in fee income hurt earnings at Brookline Bancorp (BRKL) in Boston last quarter.
January 31 -
A federal judge has reduced to $1.62 million the amount a jury had awarded an Oregon woman who spent years battling with Equifax.
January 31 -
Lakeland Bancorp (LBAI) in Oak Ridge, N.J., reported higher net income after buying Somerset Hills Bancorp.
January 30
