Banking

Summit Credit Union in Madison, Wis., has filed what's believed to be the first lawsuit by a financial institution in connection with the massive data breach.

Delinquency rate holds steady, number of credit unions drops again.

The ATM network, a subsidiary of Cardtronics, will expand to Speedway convenience stores in Indiana, Michigan, Tennessee and beyond.

The San Francisco bank has pulled in 10,000 new households with loan products geared toward young professionals.

First Green Bank in Florida started researching the business after its chairman saw how medical marijuana had helped his wife cope with a severe injury. The bank is now turning a profit a year after adding its first pot-related client -- and there could be lessons there for credit unions.

Brookline will pay $56 million in cash and stock for First Commons in a deal that will add $324 million in assets.

CB Bank will distribute contactless Mastercard credit cards to consumers and work with local merchants to upgrade point of sale technology.

Faster processing can accommodate digital payment options in line with upcoming regulations and advancements in neighboring countries.

Umpqua Bank is testing a system that would make text-chat, video and voice banking more personable by staffing them with branch workers during their downtime.

The hearings before the Senate Banking Committee have high stakes for both companies, as lawmakers are expected to ask the CEOs whether they should be fired.

Data breaches and payment hacks require not only tech measures, but crisis management. Had Equifax gotten out in front of the story, particularly during the slow news period of August, it would have earned kudos and perhaps mitigated some of the public scrutiny.

The Florida bank started researching the business after Ken LaRoe, its chairman, saw how medical marijuana had helped his wife cope with a severe injury. First Green is now turning a profit on this business a year after adding its first pot-related client.

Coastal FCU CEO Chuck Purvis was recognized this year by the Credit Union Executives Society for his commitment to the movement

Did hackers access the credit bureau's computers two months earlier than the company first thought?; the Fed's decision to start unwinding its balance sheet should raise rates and boost bank profits.

Welcome to the PaymentsSource Morning Briefing, delivered daily. The information you need to start your day, including top headlines from PaymentsSource and around the Web. Today: Target taps Bluetooth marketing; Swiss exchange may sell payments unit; Bluefin adds college ticketing; Brunel U. in London adopts finger pay.

The Cincinnati bank says its investment unit is taking an equity stake in NRT Sightline to provide a wide range of banking and payments services to casino operators.

It's not just big banks. Even U.S. community banks may be subject to the General Data Protection Regulation given the boundlessness of digital commerce.

Leadership challenges, emergency relief donations, scholarship awards and other ways credit unions are giving back.

The online bank will consolidate all of its Charlotte-area employees into a new office tower, but its headquarters will remain in Detroit.

The agency and the National Association of Federally-Insured Credit Unions plan to boost efforts to get more credit unions involved with SBA lending.