Banking

The company built a patch within 24 hours of being alerted to a vulnerability in messaging software used by many banks. Fiserv is looking into how this happened while addressing speculation about whether consumer data is still threatened.

A credit union in Swansea, Wales, has collapsed and will cost the UK's Financial Services Compensation Scheme nearly $647,000 to reimburse members' insured funds.

Diebold Nixdorf will use the funds to buy the remaining shares of its Germany subsidiaries, repay debt and undertake operational improvements.

Hanmi thought it was all set to buy SWNB in Houston, but the seller was unable to secure enough shareholder votes to back the deal.

Organizers of Dogwood State Bank are looking to raise $75 million in hopes of opening by mid-2019.

Women managers in the Well Fargo’s wealth management division say they are being passed up for promotions; TD Bank's U.S. retail division saw profit jump 27% in fiscal Q3.

The information you need to start your day, from PaymentsSource and around the Web. Today: Paytm extends tech for grocery stores; U.K. businesses lag in supply chain automation; Wonga collapses; India plans more cash reduction.

Readers weigh in on bank overdraft policies, react to megabank capital standards, respond to Sen. Heidi Heitkamp's tough re-election bid and more.

Savings Bank of Walpole loosened up internal policies that had limited body art and cellphone use, and it created the position of community engagement coordinator, to connect with younger workers.

The USAmeriBank deal was supposed to give Valley National Bancorp a bigger presence in Florida, but it did more than that — it provided a model for banking businesswomen that Valley can copy in its New York and New Jersey markets.

Small banks and credit unions say slow responses and outdated products from the establishment tech vendor can become a drag on their innovation efforts.

Doug Bass had been one of the South Dakota company's regional presidents. He succeeded Ken Karels, who remains chairman and CEO.

Digital banking software provider Kony DBX will partner with Payveris to offer open-technology based digital payments.

Payments CUSO said it converted a ‘record number’ of credit, debit accounts in 4 months.

Former Goldman employee and an NFL player charged in insider trading scheme; Sewing says the bank’s “global ambitions are not up for debate.”

The information you need to start your day, from PaymentsSource and around the Web. Today: PayPal expands in Brazil; Skagen boosts wearables; Terra gets funding for stable coin; EMV approaches full maturity in the U.S.

There is space for banks to enter a market they largely ignore, according to William Phelan, president of PayNet.

Judy Long, president of First Citizens National Bank in Dyersburg, Tenn., launched the Smart Women financial literacy program after seeing female customers struggle with managing their finances.