Banking

Citigroup's made some strides after the battering its share price took last year, but it still trails JPMorgan Chase and Bank of America; chiefs at the top U.S. global banks own on average more than 15 times the amount of their own firm's stock than their European counterparts.

Overdraft fees make up the lion's share of the $214 women pay in banking fees each year, according to a survey of users of the investing app Stash.

The information you need to start your day, from PaymentsSource and around the Web. Today: Australian banks suffer breaches; U.K. may restrict gambling payments; Movie subscription sites proliferate; Huawei wants China to counter Libra.

Locations with a welcoming atmosphere and the latest technology can be a key part of a credit union’s marketing strategy.

The industry trade group said Rakuten's nonfinancial activities raise questions about its pursuit of a banking charter.

Byline Bancorp is in discussions to buy Parkway Bank and Trust, according to a local publication.

Record oil production has lenders contemplating acquisitions in the region.

Thanks to its newly started bank, Ameriprise's 10,000 financial advisers will soon start offering direct services like deposits and mortgages.

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.