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Large banks like Chase, PNC and U.S. Bank were seen as having more resources to devote to customer relief and upgrade digital channels that consumers came to rely on, according to a J.D. Power survey.

The lender’s top decision-making body, led by CEO Jamie Dimon, said in a memo to staff Tuesday that it “would fully expect that by early July, all U.S.-based employees will be in the office on a consistent rotational schedule.”

Like many banks, TD Bank Group had to move swiftly to spin up new self-service tools tied to chat channels, e-signatures and PPP lending. Innovation chief Michael Rhodes will continue the faster financial approval and development cycles that COVID necessitated.

The tech vendor allows merchants using the Clover point-of-sale platform to accept PayPal and Venmo payments, a move that serves the company's continuing focus on full omnichannel experiences for its merchants.

Merchant service providers need dynamic cybersecurity assessment tools to identify the key areas of risk in their portfolio in near real-time, says ZeroRisk's Neira Jones.

Barclays US, which offers a range of cobranded credit cards targeting middle-income consumers, is adding a buy now/pay later option for its merchant partners.

Without rollbacks of existing anti-money-laundering reporting requirements, a measure designed to make Bank Secrecy Act enforcement more risk-focused would do little to ease banks' regulatory burden.

Kate Fitzgerald, senior editor at PaymentsSource, talks to Eric Schuppenhauer, Head of Consumer Lending and National Banking at Citizens Bank, about lending at the point of sale.

The move is in response to institutional investors' increasing demand for cryptocurrency services. The company also has invested in a firm that tokenizes assets, it and says it's been selected to administer a bitcoin exchange-traded fund.

Four out of five gig workers want faster payments, and most have less than $500 in savings, according to a study by Branch and Marqeta.