Banking

Orange County Bancorp has identified two neighboring counties for expansion.

Brad Hanson has been with the South Dakota company since founding its payment services division in 2004.

Organizers of the credit union believe there is a funding gap in the state for agriculture and want to fill the void.

The information you need to start your day, from PaymentsSource and around the Web:. Today: Visa inks tech deal with Hudson Yards; U.K. railway adds MPOS; ABN Amro upgrades payments tech; India gets ready to crack down on crypto.

Fred Daibes and an associate allegedly conspired to fraudulently obtain loans from Mariner's Bank, a New Jersey institution he helped found.

Mark Fierro, an 18-year veteran of the credit union service organization, will hold down the fort following Bret Weekes’ departure.

One of the country’s 50 largest banks hires a female CEO, making JPMorgan Chase’s Kelly Coffey only the third woman in that exclusive club. Bank of America’s Michelle Moore exits the workforce. And sexual harassment prompts a walkout at Google.

With their share prices slumping and growth prospects dimming, many banks are trying to appease investors by initiating buyback programs.

The lawsuit comes as the $188 milion-asset institution faces backlash from a high-profile national news story that portrayed its business practices negatively.

The regulator awarded $2 million in grants to 203 low-income credit unions.

Harvest is when farmers need funding the most. ProducePay has financed over $850 million of produce in under four years, disrupting traditional finance rules in the farm-to-table process.

Bankers complain that the quasi-governmental system's new program designed to make more residential loans in four states goes well beyond its original mission.

The Dallas subprime auto lender seems to be reaching the bottom of its lingering supply of accounting issues, yet its origination of more loans through Fiat Chrysler underlined questions about the future of its relationship with the big automaker.

Azlo, Bento, Bank Novo and other neobanks argue they are better at helping small businesses, giving them extra attention, technology and advice.

The credit union says employee charges that its AML program is deficient are false; Michelle Moore, who helped launched the Erica digital assistant, wants more time with family.

Credit unions have benefited from record car sales in recent years. But changing customer behavior and a new form of fraud could prove difficult headwinds to overcome in this area.

The information you need to start your day, from PaymentsSource and around the Web. Today: Visa and Mastercard comply with India's data regs; FCA plans cryptocurrency crackdown; :Adyen expands in Canada; Google Pay adds more markets.

Payday lenders scored a victory when the bureau committed to proposing changes next year, but they expressed disappointment that the revamp will not address a key payment-processing provision.

The high-profile Michelle Moore will step down at year-end, to be replaced by David Tyrie. More synergy between digital operations and consumer products, while maintaining financial discipline, seems to be an important priority.