Banking

The $74 million acquisition will allow First Mid-Illinois to expands it operatations in the Champaign-Urbana region in Illinois.

In a relationship-based business, it’s not enough to sell your customers a sharp tool to pay for things. You also have to help them avoid cutting themselves with it.

The company has agreed to buy the operations of Veterans Mortgage in Salt Lake City.

Price of digital currency jumps 24% in first day of futures trading; Jay Clayton tells buyers to beware, then halts an initial coin offering.

The information you need to start your day, from PaymentsSource and around the Web. Today: Samsung Pay pushes mobile transit pay in Hong Hong: Russian hack ring steals $10 million; VC flows to bitcoin investment exchanges; Australia's post office adds bill pay technology.

Some are in new roles or replacing legends, others are embracing new strategies or eyeing big deals and at least one is currently out of banking — but could soon resurface. Here are the industry executives to keep an eye on in 2018.

Can preferential loan terms encourage environmentally friendly practices among corporate borrowers? Barclays, BNP Paribas, and Standard Chartered are working with fintechs — and even Prince Charles — to develop a blockchain to answer that question.

The bank, which agreed to acquire Hibernia Bancorp for $28 million, will adopt the seller's name after completing the deal.

Pamela Codispoti, credited with launching the popular Chase Sapphire Reserve credit card, has been put in charge of the company’s network of more than 5,200 branches.

The cryptocurrency proved so popular it triggered two temporary trading halts on CBOE's Global Markets exchange.

The deal includes roughly 120 client relationships. Employees in CenterState's trust department will join Cypress Trust.

OneUnited is trimming branches and expanding digital offerings as it builds its brand as a backer of social justice that develops innovative products such as a Black-Lives-Matter-themed debit card.

MFA Acquisition, which plans to keep Maryland Financial Bank's name, wants to add more products and services after the deal closes.

House and Senate bills contain a provision that would let financial firms in all states use digital scans of photo IDs to verify identities of prospective customers. That could ease the account-opening process for consumers in areas where branches are few and far between.

The financial services industry must change how it attracts, hires and develops data science talent.

The five-year window on HSBC's deferred prosecution agreement connected to a money laundering case expires; profile says outgoing Fed Chairman Janet Yellen has become "a pop culture phenomenon."

In a rare show of public support for a security technology, the banks are leading a $40 million funding round for Menlo Security, provider of browser technology that keeps malware at bay — and they’re using it, too.

Two different credit unions have seen success offering new mobile functionalities that meet specific pain points for members.

The Los Angeles company will sell $1.6 billion in loans, largely tied to technology and health care, by the end of this year.

The information you need to start your day, from PaymentsSource and around the Web. Today: Australia adds cryptocurrency to AML rules; Aeon bank deploys no-hands ATMs; Nanopay bolsters B-to-B tech; GrabPay gets e-money license in Malaysia.