Banking

Loyal Trust Bank will have a large number of Asian-American investors and board members.

While the OCC has led the charge on modernizing the Community Reinvestment Act, Gov. Lael Brainard gave a rundown of new ideas under discussion — from updating assessment boundaries to a comprehensive community development test.

Paper's costly, and also error prone. Yet most invoices are still paper-based, writes Art Sarno, product marketing manager for Kofax.

The FDIC should consider limiting its toughest restrictions on brokered deposits to problem banks.

The Credit Union National Association is tackling a range of challenges during its Governmental Affairs Conference this week in Washington, D.C.

Credit unions need to be thinking about pressure on net interest margins and declining revenues.

A Deutsche Bank and Commerzbank merger would face many hurdles; the mini-branch will have longer hours and cater to small companies.

The information you need to start your day, from PaymentsSource and around the Web: M-Pesa teams with Ant Financial; Amex buys LoungeBuddy; NatWest's biometric card; and more.

In her 27 years working at Discover, Amy Parsons has always found herself in the right place at the right time. Or, more likely, decision makers at Discover have made a habit of putting Parsons right where they need her to tackle the hottest trends in payments.

The legendary Atlanta banking lawyer played a special, often behind-the-scenes role that was part diplomat, mentor and seer during his 50-year career. He died last week at 76.

Apps that let people access their pay on demand have become wildly popular. Do they solve a problem, or are they Band-Aids?

Year to date through Dec. 31, 2018. Dollars in thousands.

Year to date through Dec. 31, 2018. Dollars in thousands.

The Nusenda Credit Union Foundation, which is being honored with a Wegner Award, works with its partners to find creative solutions to unmet needs, including its mircolending program, Co-op Capital.

The new accounting standard won’t make community institutions safer, though implementation is proving burdensome and could restrict access to credit, argues Rep. Blaine Luetkemeyer.

Wegner Award winner Diana Dykstra was instrumental in the creation of the Global Women's Leadership Network and CU Direct in her more than 30-year career.

Bank employees say management has not let up on ambitious sales goals; women bankers say UBS cut bonuses after maternity leave.

The CUSO and tech giant have joined forces to help expand blockchian services to credit unions.

The information you need to start your day, from PaymentsSource and around the Web: Amazon leads Google in voice commerce; U.K. fintech opens to cross-border payments; Singapore tackles tech regs; and more.

Just nine bank merger pacts were announced in February, down from 17 in January. But they included the biggest deal in years and some other interesting storylines.