Tanaya Macheel

How Key Private Bank's CEO is looking to transform the business (hint: it has a lot to do with women); algorithms in hiring promise a new way to bring diversity to Wall Street; the CFPB has some work to do in improving its treatment of women and minorities. Plus, Blythe Masters talks blockchain and Merrill Lynch's Racquel Oden talks confidence.

Circle Internet Financial, the Bitcoin services company and wallet provider, has raised $60 million in financing from Chinese investors as it continues expanding its operations in China.

Ripple's distributed ledger technology has been attracting users interested in an alternative method to execute international payments, and this week it added seven new banks to its network.

U.K. youth payments startup Loot hopes to widen its user base following a new $2.2 million funding round.

Santander InnoVentures has invested in a fintech startup that uses consumers' digital footprint data, including social media, to confirm identity.

PNC Bank will make instant card issuance available in 85% of its branches by the end of this year, advancing what's becoming a staple of EMV-era card strategy.

U.S. Bank in Minneapolis has hired retail veteran Beau Gray to head its omnichannel experience team.

Malaysian remittance company Metro Money Exchange has selected Dragonfly Fintech, a Singapore-based blockchain technology provider, to power its remittance business.

Four state-run banks in Thailand and 15 corporations will soon begin registering for PromptPay, formerly known as the AnyID scheme, a national payments platform that will allow users to send money with only their national ID or mobile phone number.

As sexy as decentralized systems and automation are these days, human involvement is still necessary in many areas.