Banking

Most agencies use electronic benefit transfer to deliver funds to prepaid cards, but recipients who need access to cash are often caught in a bind, with fewer convenient or free ATMs available in an increasingly digital payments landscape.

First Financial Banc will gain nearly $300 million in liquidity when it acquires First National Corp. of Wynne.

Lending at credit unions in the Peach State increased by just 0.2%, down from 0.8% growth recorded a quarter earlier.

Top technology innovations in digital banking you need to see

The company will also gain deposits and loans from its deal with Republic Bancorp.

Rakuten joins a growing list of fintechs trying to enter the regulated banking sector. All have faced their share of obstacles.

One credit union's launch of a financial wellness app aims to utilize behavioral research to better resonate with how consumers today use mobile applications.

“Digital Vault” will allow customers to store encrypted documents on third-party servers; bank accuses Orcel of misdeeds.

The information you need to start your day, from PaymentsSource and around the Web. Today: Salesforce and Alibaba team up; VC funds for Standard Cognition; WeChat adds airborne payments; Cannabis bank gets off the ground; Elavon hires a top exec for Europe.

The company agreed to buy the parent of Countryside Bank for $90.5 million.

The Alabama bank, which is spending hundreds of millions on technology, says the ability to make faster credit decisions is one reason digital metrics such as checking account openings are soaring.

The San Antonio bank has had little trouble hiring retail bankers to staff its new Houston branches, but it’s having a harder time filling IT and cybersecurity jobs at its headquarters, said CEO Phil Green.

The company agreed to pay $66 million for the parent of Citizens State Bank in Tyler, Texas.

The Wisconsin regional agreed to buy the parent of First National Bank in Staunton for $76 million in cash.

South Plains' agreement to buy West Texas State Bank is its first major move since conducting an initial public offering in May.

New data from PSCU shows a 46% increase in sales volumes for credit union members compared to last year.

The bill, similar to legislation that passed the chamber last year, would permit the inclusion of items such as rent and telecom payments to help consumers build their credit profiles.

Several small and midsize banks say they are losing borrowers to rivals and worry the trend could get worse as interest rates decline.

The Columbus, Ohio, company said Thursday that it expects the Federal Reserve to cut interest rates twice this year and two more times in 2020.

State and federal authorities say the network of firms in upstate New York sought debts that consumers weren't obligated to pay and impersonated government officials, among other things.