Banking

The Mississippi company has agreed to buy First Florida Bancorp in Destin, Fla., as part of its plan to build a community bank stretching across the Gulf region.

There have now been a record 10 credit union-bank merger deals in 2019.

The lawsuit claims that the Jacksonville, Fla.-based credit union charged members multiple non-sufficient-funds fees on the same item.

New regs force financial institutions to go deeper to stop laundering, but the prize is easier overall enrollment, says NTT Data Services' Edmund Tribue.

Several wealth management firms, including Marcus by Goldman Sachs and Wealthfront, have launched banking products to complement their investment services.

Policymakers should consider how new data computing can help ensure equal lending, not hinder it.

Bank posts its best second quarter since 2010 after a disappointing Q1; Cerberus in talks to buy loans at the center of a major accounting error.

The information you need to start your day, from PaymentsSource and around the Web. Today: Visa invests in India fintech; Bank technology for merchants; Crypto crime jumps in South Korea; Circle gets a crypt license in Bermuda.

Kindur and Finhabits are trying to create retirement plans for people who lack them. Are banks missing an opportunity?

Several megabanks dominate the market, but First Choice is seeking to expand there by catering to its ready supply of midsize businesses. It's not the only one.

Pressure to raise rates on deposits offset strong loan growth at the Salt Lake City company.

Lawmakers who called for sweeping reforms after the massive breach are likely to scrutinize the settlement with regulators and continue to push for changes.

U.S. Bank has purchased BMW’s cobranded Visa credit card portfolio and will issue a new version of the card under the Mastercard brand early next year.

The Democratic presidential candidate argued in a blog post that the U.S. could avoid a recession by canceling most student debt and authorizing regulators to more aggressively monitor leveraged lending.

The timing of the settlement serves as a warning to other companies of the risks they face in an increasingly data-focused economy.

Lawmakers will hear from a credit union executive on cannabis banking while also considering issues such as the use of alternative data in underwriting.

On Mar. 31, 2019. Dollars in thousands.

The New York-based institution will double the number of counties it can serve as part of the effort to grow.

On Mar. 31, 2019. Dollars in thousands.

On Mar. 31, 2019. Dollars in thousands.