Tanaya Macheel

Atlanta-based bitcoin payment processor BitPay has suffered a phishing attack costing the company $1.8 million.

The California Department of Business Oversight, which regulates financial services and products, has promoted Debie Abella to head of bank regulation and supervision.

Umpqua Holdings in Portland, Ore., said Luanne Calvert, chief marketing officer at Virgin America, will join its board on Sept. 25.

Innovate Finance, a U.K.-based fintech industry body, will open a blockchain technology research lab in partnership with the government and IBM co-cofounded Hartree Center, a high performance computing and data analytics research facility.

Blockchain technology associated with Bitcoin has caught the eye of bankers, but now comes the hard part: figuring out where it can be used — international payments, treasury services or elsewhere — without wasting a lot of time and money in experimentation.

The blockchain technology company Chain has raised $30 million in a round including participation by Citi Ventures, Nasdaq, Capital One, Visa, Fiserv and Orange.

Get a dose of hope from the W-20 and Afghan girls who code. And get a dose of inspiration too, as persistence pays off for Mary Callahan Erdoes, the 'Math Queen of Wall Street,' and likewise for Irene Bergman, the 'Oldest Woman on Wall Street.'

Fifth Third Bancorp has promoted Teresa Tanner to chief administrative officer, the latest change in executive management at the Cincinnati company.

The American Bankers Association has planned a financial literacy campaign to help seniors and their caregivers guard against financial fraud.

Trunomi, a startup that aims to simplify account sign-ups and know-your-customer compliance for banks, has raised $3 million.