Banking

The Wisconsin company will have 15 branches in its home state on completing the acquisition.

The awards gala was a who's who in banking, both at the podium and in the audience. The FHFA settles the sexual harassment complaint involving Mel Watt. And an OCC veteran talks about her career.

The company has agreed to buy a portfolio of commercial loans from Santander Bank.

Credit unions now have until Nov. 30 to apply for Community Development Financial Institution certification.

Sunil Chandra's job will be to guide the fintech's international expansion. It says 12 banks are using its small-business lending platform, including three in the United States.

Community banks will likely face questions about mortgage lending, deposit gathering and M&A during earnings calls.

Susan French, head of product at BBVA Open Platform, discussed the bank's vetting of fintech partners and how it deals with the competitive threat that their products present.

On Jun. 30, 2019. Dollars in thousands.

Ziv Biron succeeded Uri Levin, who was named CEO of Discount Bank, IDB's Israeli parent company.

On Jun. 30, 2019. Dollars in thousands.

Banks and merchants can already access solutions that can provide a real-time experience and process payments on the best set of rails for any particular use case, says BillGo's Kelly Seidl.

The National Credit Union Administration should help soften the effects of the new standard on regulatory capital through rulemaking.

The decision is a blow to Facebook's digital currency plans; the reduction is the bank’s “most ambitious attempt to rein in costs in years."

The information you need to start your day, from PaymentsSource and around the web. Today: Paytm extends wireless; Tim Cook takes a veiled shot at Libra; European regulators warn banks on AML; Ohio shuts crypto tax payment site.

Europe would feel the brunt of the reductions, which would affect about 4% of the bank's global workforce.

Even with fee revenue already down, Oregon-based Providence FCU has cut its overdraft fees by half. Some analysts say the move could pay off if the economy goes south.

A combination of mutual and clashing interests has driven many players — big banks, community banks, credit unions and fintechs — to offer high-interest, digital-only savings and checking.

The agency chairman's comments mark an unusual turn for an industry famous for its bipartisanship.

Many community banks are launching digital banks, more aggressively courting younger customers and abandoning the idea that only primary banking relationships are worthwhile.

As Banking Committee Chairman Mike Crapo works on legislation enabling banks to serve cannabis businesses, one area of focus is combating risks tied to “legacy cash” that has accumulated in the marijuana industry.