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The company is making many employees sift through years of text messages on personal devices and set aside any related to work to ensure U.S. rules on keeping copies of business communications are met even after many months of remote work, according to people with knowledge of the situation.

Members of the Financial Stability Oversight Council are trying to light a fire under banks to adopt an alternative to the foundational reference rate.

The Boston trust bank has set up a division called State Street Digital, led by Nadine Chakar, that will help customers invest in cryptocurrencies. It will also develop blockchain and smart contract technology and the ability to tokenize assets.

The social network now lets people send links and QR codes to request funds through the Messenger app, but users may have little incentive to switch — or to trust Facebook with more of their data.

With the Colonial Pipeline attack still in the news, bank CEOs testifying at a recent hearing cited cyber risk as the biggest threat facing the industry. But members of Congress did not share those concerns, and instead were more focused on criticizing banks about overdraft fees and their level of investment in minority communities.

Eric Brubaker is leaving after 25 years with the organization. Executive vice president Carrie Iafrate was named his successor.

Any bank that engages in auto, mortgage or other retail lending should develop a comprehensive program to identify potential risks of noncompliance with consumer protection rules and take corrective actions before the Biden-era Consumer Financial Protection Bureau comes calling.

Chief operating officer Sam Sidhu takes over as president and chief executive on July 1. He has a list of 25 potential markets the Pennsylvania bank might enter, and has already begun hiring commercial bankers in Texas, Florida and Illinois.

There’s a new unicorn in Latin America: Clip, a payments fintech in Mexico targeting small and midsize companies.

A collaboration between BC Technology Group and Standard Chartered's SC Ventures wants to make cryptocurrency and related innovations more approachable through the development of a digital asset trading platform.