Banking

Synovus Financial in Columbus, Ga., has agreed to pay nearly $9 million to settle lawsuits that claim the company knew of illegal transactions by one of its clients.

Mercantile Bank and Dime Community recently outlined plans for their CEOs' retirements, while Cullen/Frost made the transition earlier this year. Each transition is anchored in a belief that success hinges on turning day-to-day operations over to a trusted lieutenant.

A single paragraph in a lawsuit filed by the Consumer Financial Protection Bureau is sparking fears by third-party payment processors that the agency is quietly and significantly expanding its authority over the industry.

Banks need to embrace technology that can deliver the speed and personalization millennials have come to expect or risk losing this customer segment to fintech companies for good.

Old National Bancorp in Evansville, Ind., has agreed to buy its headquarters building and two other branches from a landlord.

Square Inc. is joining with restaurant technology startup Upserve to offer loans to eating establishments, extending credit for the first time to businesses that operate outside of its own payments processing system.

The emergence of lenders that have no real connection to a geographic area prompts questions over how the Community Reinvestment Act's "good neighbor" policy can continue.

Square Inc. is joining with restaurant technology startup Upserve to offer loans to eating establishments, extending credit for the first time to businesses that operate outside of its own payments processing system.

Valley National Bancorp in Wayne, N.J., has taken several steps to help it navigate through a difficult interest rate environment.

The sooner you and your organization can understand the potential impact, risk, and uses for blockchain, the better your chances will be of keeping your head above water.

The U.S. is steadily building the foundation of a nationwide faster payments system, but not all of the pieces are connected. Many of the elements developed independently, with influence from across the globe.

Small-business owners heard "no" more often in July when seeking loans from big banks after six months of improving prospects.

New Jersey Community Bank in Freehold has exited a pair of regulatory orders. The $102 million-asset bank also said in a press release Tuesday that two siblings have resigned from its board.

PricewaterhouseCoopers LLP failed to spot for seven years a multibillion-dollar fraud that led to the demise of Taylor Bean & Whitaker Mortgage Corp., a lawyer for the lender's bankruptcy trustee told a Miami jury on Tuesday.

To help people safeguard their card information when they shop online, a handful of fintech startups are developing ways of keeping that information hidden, providing merchants with tokens instead.

The U.K. Competition and Markets Authority is looking to open application programming interfaces to spur competition in the country's banking sector.

The embattled firm is offering financial incentives in an effort to kick-start lending, but compliance-focused banks have been slow to respond.

Several court decisions in Delaware could make it harder for shareholders to sue banks following a merger announcement.

The DAO heist and subsequent reversal of funds on the Ethereum blockchain demonstrate why developers and miners of public blockchains should have more accountability.

The marketplace lender OnDeck Capital is sticking with its lend-and-hold strategy even though the practice contributed to a second consecutive quarterly loss.