Banking

While these five bankers made headlines this year, not all of them did so for good reasons.

The settlement of a fight with an insurance company over officer and director coverage yielded a $6 million payout for FNCB in Dunmore.

As head of Santander Bank’s retail network, Colleen Canny will be in charge of more than 600 branches and over 4,100 employees across eight states.

There are steps financial firms can take to protect their customers in the event a major wireless network is compromised, including reconsidering the use of SMS messaging for account authentication.

Rep. Maxine Waters, D-Calif., will take the gavel on the Financial Services Committee next term.

On Sept. 30, 2018. Dollars in thousands, except for average loan amount.

On Sep. 30, 2018. Dollars in thousands.

The Massachusetts-based institution has paid out over $10 million to its members since 1996.

The information you need to start your day, from PaymentsSource and around the Web: Walmart listens in on shoppers; blockchain farming; Amazon in the air; and more.

A big splash by Fifth Third, a bid by WSFS to reinvent itself and some bold long-distance expansions highlighted a year where deal activity held steady but premiums rose.

CBTX said an unauthorized person obtained personal information for about 7,800 customers.

The combination of CCF Holding, Heritage Bancorp. and Providence Bank will create a $1 billion-asset institution. Veteran bank investor Kenneth Lehman will be its chairman.

More banks were approved this year than any since the financial crisis. But challenges with raising capital, and a change in the political landscape, could deter prospective applicants next year.

The personal finance management tool will allow members to combine accounts from other institutions and track spending.

The promotion of “insured” accounts by nonbanks and fintechs is a worrying trend, because it could leave customers falsely believing their accounts are just as safe as FDIC-insured ones.

Hostilities toward the legal U.S. cannabis industry are softening considerably, with signs of further removing cash and digital workarounds from a market that has long been shunned by traditional payment cards.

Selling $1.6 billion in mortgages, and paying off a similar amount of wholesale borrowings, will allow the company to expand its net interest margin in 2019.

Regulators give OK, but find “shortcomings” that need to be addressed; Labor Department says the bank is laying off U.S. workers while hiring overseas.

Amid rising rates and a surge in lending, credit unions will need to find additional sources of deposits to fund growth.

The information you need to start your day, from PaymentsSource and around the Web: Breach woes for Uber; Australia welcomes Alipay; payment tools for freelancers; and more.