Banking

The bank launched Finn in an effort to attract millennials. But there were problems with how it implemented the digital-only brand, experts said.

The agency's vote Thursday threatens to block many of the industry's communications with customers, though banks did win one concession.

Diverse economies and a limited number of sellers are making markets like Tampa, Fla., a hot spot for growth-minded banks.

Provident Bancorp, one of the nation's oldest active banks, is setting the stage to become a fully stock-owned company.

The North Carolina company will have two branches remaining in South Carolina after the sale closes.

Boston-based Trio is openly offering its cash management account as capital at risk, offering big incentives if consumers agree to sign up for an uninsured account.

With big banks investing heavily in IT, credit unions will have to be nimble and streamlined if they hope to compete.

Loans grew amid a surge in deposits, while membership surpassed 117 million and industry consolidation continued.

Nominated for a full term at the central bank, Michelle Bowman told senators that bankers should not fear repercussions for servicing hemp growers after the crop was legalized.

Over time, real-time payments could become the predominant payment type while virtually eliminating cash and checks.

A year after launching the digital bank, JPMorgan Chase has concluded that the millennials it targeted don't need a separate brand.

As banks seek to innovate, executives should accept that ignorance and mistakes are part of the process.

DNB had been facing pressure from an activist investor to consider selling itself.

The bank is having trouble finding an outsider and acting chief Allen Parker has impressed the board; the former Chicago mayor will join Centerview Partners.

The information you need to start your day, from PaymentsSource and around the Web. Today: How Amazon Go ensures user experience; Rabobank embraces open banking; Russian supermarket launches crypto B2B payments; Swedish department store adds payments for travelers from China.

Credit unions collect more in fee income than their banking counterparts. That could become problematic as the political winds and consumer preferences shift.

The company will pick up five branches as part of the $48 million deal.

On-demand wage delivery has caught on in other industries. Banks have taken notice.

The regional bank has begun closing branches in Chicagoland as part of a plan to reduce its net number of brick-and-mortar offices by up to 15% even as it looks to expand in the Southeast.

The New Jersey bank is entering a business dominated by larger players. In doing so, it could create a blueprint for other small banks.