Banking

The deal comes less than a week after the Louisiana company raised nearly $11 million.

The California company will pay $39.4 million for the parent of First State Bank of Colorado.

A California man says the company sent his medical information to a friend of his; the Big Four's monopoly may be coming to an end as Citi and others move in.

The information you need to start your day, from PaymentsSource and around the Web. Today: Paytm says it's not charging "convenience fees"; Flux adds restaurant technology; Austin upgrades transit pay; Revolut rounds up for donations; A new blockchain collaboration in Singapore.

The technology has become controversial for its potential for bias. Notre Dame professor Kevin Bowyer explains what his studies of this issue have found.

For banks and financial institutions, the wave of the future is using technology to optimize, not eliminate, their cash-handling processes, writes Diebold Nixdorf's Devon Watson.

Facebook’s plan to launch a cryptocurrency has raised concerns that state banking regulators may not be equipped to oversee large, international companies.

Other banks say they need to add branches to attract more deposits, but Capital One is sticking to its strategy of aggressively closing them and gathering the bulk of new deposits online.

The bank said it could record a $7 million charge in the second quarter after the client unexpectedly closed in May.

The ban, which came to light Monday, will remain in effect until either the final disposition of Stephen Calk’s court case or until it is terminated by Comptroller Joseph Otting.

Membership continues to rise across the Wolverine State, though at a slower pace, but lending overall is on the decline.

Trustar Bank is set to debut in northern Virginia in July.

The agreement is expected to solidify a lending partnership whose status had been in doubt for more than a year. But it raised as many questions as it answered.

The thrift had been known as Boiling Springs Savings Bank.

Dennis Zember Jr. stepped down as the Georgia bank's CEO, citing personal matters. Palmer Proctor, an executive at the recently acquired Fidelity Southern, succeeded Zember.

The Pittsburgh regional, once among the most industry’s most active acquirers, hasn’t bought a bank in more than two years — and it’s in no rush to do so.

At Digital Banking 2019, Jeremy Balkin, HSBC's head of innovation, describes how Pepper the robot has changed the way customers and employees engage.

Cort O'Haver, president and CEO of Umpqua Bank, tells the audience at Digital Banking 2019 that the industry is getting too far away from the human touch in customer interactions.

Joel Kashuba, Fifth Third's head of innovation and design, explains to Digital Banking 2019 how understanding four major aspects of human experience — cognitive, perceptual, physical and emotional — is integral to each aspect of customer engagement.

Ralph Evans, director of culture and employee communications at BBVA, says a philosophy of rallying around something bigger than the bottom line helped the bank crystallize its mission.