Banking

The company has agreed to buy Kansas Bank Corp. and Adams Dairy Bancshares in separate transactions.

Credit unions are awash in digital transformation, and CU Journal is undergoing a transformation of our own.

The information you need to start your day, from PaymentsSource and around the Web. Today: Thales agrees to acquire Gemalto; Citi starts a new blockchain project; North Korea's cryptohackers; Airwallex draws funding; ANZ cuts fees for transfers.

Long-time CEO grew M&T Bank into a $120 billion regional lender; Jim McCarthy, a high-profile manager, didn’t inform company about relationships.

SMBs are choosing virtual cards as their preferred form of electronic payments because they solve many of their payment challenges, while also helping them avoid the costs associated with custom software solutions designed for larger businesses, writes Blair Jeffery, COO of Noventis.

Robert Wilmers joined M&T in 1983 when it had just $2 billion of assets and built it into a regional powerhouse with $120 billion of assets and operations in a dozen states.

For the first time in nearly nine years, an acquirer of a failed bank agreed to purchase only the institution’s insured deposits, making it likely that some customers will not recoup all of their uninsured funds.

JPMorgan Chase get a new branch banking leader; Trump's anti-Wells tweet stokes concerns; blockchain, GSE survival, and more in this week's top stories.

A representative from Basswood Capital will become a director in May.

Celebrating new facilities, scholarships, donations and other ways credit unions are giving back to their communities.

With Wall Street on board, investors look to spend coins on real estate or through bitcoin debit cards.

U.S. Reps. Gwen Moore and Paul Cook introduced a bill this week would allow more credit unions to expand their fields of membership to underserved communities.

The number of deals, overall dollar volume and premiums are on pace to top those from a year earlier, giving hope that even more consolidation will take place in 2018.

What's an industry challenger to do when it gets a lot of competitors of its own? Ally's Diane Morais has a plan. Heather Cox has inserted technologists into USAA's business lines, and outgoing Fed Chair Janet Yellen has achieved rock star status.

The Indiana-based credit union is scheduled for a Sept. 2018 core conversion.

Kevin Tylus had been CEO of Royal Bank, which Bryn Mawr recently bought.

Amalgamated's purchase of New Resource Bank is part of a broader strategy to enter more U.S. markets.

Bank of Canada governor says digital currencies could cause “significant disturbance”; JPM testing quantum computing's abilities.

The information you need to start your day, from PaymentsSource and around the Web. Today: FCC ends net neutrality; Gemalto turns down takeover offer; Australian central banker's bearish on bitcoin; Miami condo sale will only take bitcoin.

The company also said it is likely that tax reform legislation being considered by Congress would substantially reduce the valuation of its deferred-tax asset.