Tanaya Macheel

There have never been so many foundational changes at once in this industry, Murray said. It’s imperative that everyone in it stay on their toes and be “prepared to change direction at any moment.”

In 2016, most incumbents in the payments industry will probably spend some time defending their businesses and rethinking their strategies, says Reetika Grewal, who has been leading payments strategy at Silicon Valley Bank for the last three years.

The company plans to eliminate an unknown number of positions, including high-paying job titles such as managing director.

Barclays' Barbara Byrne talks about the impact of conferences, events and endless reports on the state of women's advancement in the workplace. Wall Street women still make 40% less than their male counterparts, the government finds. Could the next U.N. leader be a Bulgarian woman? And a legendary woman in tech on how to achieve gender parity. Also, Cathy Bessant, Louise Roseman and Barbara Boxer.

Katie Lorenson will join the $3 billion-asset company on Aug. 31, when CFO Gary Ortale plans to retire.

Bank of America's blockchain patent push shows how bankers' attitudes toward the technology of cryptocurrencies have changed over the last few years — from dismissing it, to sizing it up to trying to protect their interests in it.

Blockstream, a tech startup that employs several core developers of the bitcoin protocol, has raised $55 million in venture capital to develop its sidechain technology and expand its global operations.

Horizon Bancorp in Michigan City, Ind., has exited the Small Business Lending Fund program.

First Choice Bank in Cerritos, Calif., has promoted Nicole Swain to the newly created position of chief banking officer.

Bank of America has nearly three dozen patents pending related to blockchains. More banks are expected to seek patents as the technology associated with cryptocurrencies creeps closer to widespread use.