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FIS' purchase of Worldpay in 2019 required Ellyn Raftery, the company's chief marketing and communication's officer, to reshape its brand to showcase the strengths of both companies — all while a major global pandemic hastened her timeline.

Backers of lawsuits challenging federal charter and interest rate policies for nonbanks say states are sticking up for consumer protection. Others say the legal quagmire could slow efforts to improve the regulatory framework.

A state judge deciding a dispute between Spencer Savings and an investor said the mutual must get an independent review before switching from a savings association to a savings bank. The ruling may complicate mutuals' efforts to make more business loans.

The division asked for public feedback as it weighs changes "to reflect emerging trends in the banking and financial services sector."

More than $1 billion in coronavirus relief went to small businesses that received multiple loans and a congressional subcommittee analyzing the Paycheck Protection Program says it has seen evidence of fraud in thousands more loans.

Lenders are struggling to deploy deposits into interest-earning assets, and changes to post-secondary education may further limit these options.

The bank said the account is geared to consumers who want better control over their spending or are new to banking.

American Express is fine-tuning the credit options available to small-business owners squeezed by coronavirus and the economic slowdown.

BBVA and U.S. Bank are fine-tuning the search functions on their sites and apps to improve navigation, sales and customer retention.

Walmart’s membership service undercuts Amazon Prime on price and offers myriad perks, including access to streamlined checkout and deliveries — two areas where Walmart has struggled in the past.

The bank's five-year commitment will focus on providing more capital to small businesses and expanding access to affordable housing and homeownership.

Banks that work with the data aggregator will tell it when account updates are ready, so it can refresh fintech (or bank) apps immediately.

Pathways Financial's acquisition of Standard Register FCU increases its foothold in the Dayton market.

Cross-border payments provider dLocal is offering its technology platform for Spotify users in Latin America, enabling alternative payment methods for underbanked Spotify Premium customers purchasing digital music.

PaymentsSource Senior Analyst Michael Moeser interviews Visa's global head of contactless payments, Dan Sanford, about the factors causing a sharp rise in the use of contactless cards and mobile wallets across the globe.

CIT inherited the business with its purchase earlier this year of Mutual of Omaha Bank.

Capital One Financial is reining in credit lines to reduce its exposure while the nation’s largest card issuer, JPMorgan Chase, is rolling out a new card designed for travelers and diners.

Gary Elliott will retire at the end of 2020, and the credit union has hired a search firm to help find its next leader.

Central banks “have conspired to destroy returns” with monetary policy and dividend constraints, the FT argues; JPMorgan Chase hired the Vanguard vet to lead its phone and video-based financial advice unit.

CO-OP, a credit union payments firm, has teamed with the fintech to expand usage of digital payments offerings. But it's unclear to what extent members want those services.