Tanaya Macheel

Junior Banker Focus; Fintech Regulation Vacuum

The engineers on Arjun Sirrah's team are on a first-name basis with customer service staff. Those relationships help Darien Rowayton Bank's student lending arm competes with fintech companies.

Verifone and its beacon technology provider Footmarks are partnering with Allrecipes.com and grocery retailer Marc’s in Ohio to deliver meal recommendations to shoppers.

Mandatory arbitration policies are gaining attention as one of the hurdles to gender parity in the financial services industry. Catherine Flax of BNP Paribas is part of a vanguard of female foreign currency traders on Wall Street, though they still stand out in the "bros' club." Is the CFO role the new 'women's' job? Also, Ally's Carrie Sumlin and Wells Fargo's Secil Watson are recognized as Digital Bankers of the Year.

Novantas has acquired Chicago-based consulting firm Treasury Strategies.

Payments Without Borders; Cyber Hack Attacks

Sexism is less blatant than in the "Boom-Boom Room" era, but women aren't yet treated like equals at the male-dominated Wall Street firms. A community bank CEO takes a contrarian approach to underperforming branches, staffing up instead of closing them down, and Bank of the West embeds star employees at nonprofits as leadership training. Also, FinCEN's Jennifer Shasky Calvery in her final congressional hearing, a swipe at Brexit sexism, and is the fact that uniforms are going out of fashion a good thing for gender equality?

Citi Fined $425M; Rare Financial Crime Charges

Valley National Bank in Wayne, N.J., has appointed former PNC executive Robert Bardusch to be its chief information officer.

FleetCor has partnered with IBM Cloud services to help manage increasing customer demand and data as it grows its business into new markets.

Fleet card provider WEX has extended its fuel management program with QuikTrip, a convenience store and gasoline marketer.

Libor Looms Over 2Q Results; In Swift We Must Trust

The wealth management technology provider SigFig has raised $40 million in equity and other financing from a number of large financial and venture capital firms so that it can expand its business.

Silicon Valley Bank in Santa Clara, Calif., has launched a program that lets new customers sign up for accounts using electronic signatures.

Visa’s efforts to shed cash payments in Dubai and surrounding regions includes getting an early jump on new innovation, and it hopes a new development hub will serve as a focal point for local developers.

BofA Libor Ruling Overturned; Swift Security

As the U.S. continues determining the path to faster payments, a real-time payments network is going live in Nicaragua to connect consumer and corporate customers and government agencies.

Banks Keep Branches; P2P Lending Not a Threat

A female executive sues Bank of America, accusing the company of being a "bros club" and paying her less than male colleagues; Democrats call on the overwhelmingly "white and male" Fed to prioritize diversity; Goldman, which lags when it comes to female leadership, names a new CEO for its bank unit, coincidentally swapping in a man for a woman. Also, Ruth Porat, chief culture officers, and the stubborn gender pay gap.

Capital One in McLean, Va., has launched an accelerator program for U.K. fintech startups. The 10-week program, called Growth Labs, will operate from the company's Nottingham, England, headquarters in partnership with tech investor L Marks.