Branch banking

Hackers pretending to screen a Chilean ATM network staffer for a new job instead slipped malware onto his work computer, leading to a broader attack.

Executives at Key pushed back against doubts over a deal for Laurel Road Bank’s digital lending platform so late in the credit cycle, arguing that its customers are prime borrowers with high incomes.

A number of healthy credit unions have undertaken “mergers of equals” to bolster long-term prospects. But those institutions are opening themselves up to unique risks and challenges as a result.

With government workers off the job, some credit union call centers are extra busy as worried members reach out with questions.

Associated Banc-Corp in Green Bay, Wis., said Wednesday that it will close 17 branches as part of a previously announced deal to buy 32 branches from Huntington Bancshares.

Following the departure last year of several top executives amid downward pressure on earnings, Diebold Nixdorf has named three people to fill its executive ranks.

The advent of self-service apps has reduced the frequency of customer-employee interactions at banks, but that just makes face-to-face time all the more valuable.

The U.S. fintech hopes its service will help encourage financial inclusion in Mexico, where 65 percent of the population is in the informal economy.

The branch closures will reduce overhead by an estimated $1.9 million a year.

JPMorgan Chase’s planned expansion into more than a dozen new markets threatens community banks and larger institutions alike.