Banking

Helping youngsters learn to save, giving back to local nonprofits and other ways the movement is demonstrating the credit union difference.

Union Bankshares is poised to become a nearly $12 billion-asset bank in a state that lost most of its midsize institutions in the 1990s and early 2000s.

Nasdaq and Citi are partnering to utilize blockchain technology to expand and improve cross-border and private company securities payments.

Year to date through Mar. 31, 2017. Dollars in thousands

Users want more control over their data and more seamless integration with their financial tools. Banks and credit unions cannot wait for a regulation like PSD2 to move forward.

Year to date through Mar. 31, 2017. Dollars in thousands

A dozen years after it pioneered the technology, the company now says any bank or credit union using RDC is infringing on its innovation.

Santander Consumer USA, one of the biggest subprime auto finance companies, verified income on just 8 percent of borrowers whose loans it recently bundled into bonds, according to Moody's Investors Service.

The company agreed to buy Commerce Bancshares, which has three branches in Boston.

The creators of a top "altcoin" are building privacy features for JPMorgan's blockchain platform.

The $701 million acquisition will make Union the biggest community bank based in Virginia.

James Donovan cites family matters for withdrawing his name from being named Deputy Treasury Secretary; strong earnings from the Big Five may ease concerns about Canada's overheated housing market and consumer debt.

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: Facebook enables restaurant ordering; Telegram adds payments; Amazon wants to open Go in Europe; WannaCry still a threat.

From digital lending solutions for U.S. community banks to Sharia-compliant finance in Africa

A glance at the latest ways credit unions are helping humane societies, babies, kids and others in need.

The trend of putting ever-smaller pieces of the same commercial mortgages into multiple securitizations requires investors to be extra careful, and will inevitably make workouts of bad loans more complicated.

First Savings Financial in Indiana and Dime Community in New York are keen on making more SBA loans as a way to diversify revenue and generate fees through loan sales.

Several firms are betting they will be able to help banks create platforms that allow customers to design their banking services.

This is a good time for bank risk managers and bank regulatory examiners to evaluate the effects of a deepening retail crisis on the financial services sector.

Financial Institutions in western New York withdrew plans to raise $40 million.