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Plus: New York-based community banks to combine; Virginia’s Blue Ridge and Bay Banks plan merger
CEO Brian Mauntel has resigned from his position, Heartland Bank announced this week
Plus, Sterling National Bank has rolled out an artificial intelligence-driven “digital colleague” for its online offering
Second-quarter income for US banks was down 70% year-on-year – but community banks are thriving, FDIC data shows
Ally Financial is entering the point-of-sale retail financing market through a partnership with Mastercard’s Vyze
Software for the digitization of banking services will be worth $9 billion by 2026, research has shown
Iowa-based fintech Moov Financial is to expand its engineering team and accelerate product development after landing $5.5 million from investors
FIS has announced a subscription-based core banking solution, ClearEdge, that aims to grant U.S. community banks access to more advanced banking infrastructures
The consumer regulator said the bank misled consumers over the terms of a debit card service – but TD disputes this
Users are staying with their providers but are unhappy at how they have been treated during the pandemic, JD Power found
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Dana Weinstein is Head of Product at Tesser, bringing eight years of experience building payments products across US domestic and cross-border rails.

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