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The bank may end its venture with First Data to work on its own; State Street and BNY Mellon's fee revenue from investor clients and stock prices are down.

The information you need to start your day, from PaymentsSource and around the Web. Today: Swift seeks IT experts; Tencent and Ant get bank licenses in Hong Kong; Google updates security and payment acceptance; Dapps face more regulations.

The industry has long complained that gathering the data is confusing and costly but two plans issued by the CFPB could help lighten the burden for a significant portion of credit unions.

Despite seismic shifts in the payments landscape over the last 45 years, how we handle chargebacks remains more or less the same, writes Monica Eaton-Cardone, COO of Chargebacks911 and CIO of its parent company Global Risk Technologies.

A dynamic digital identity that can work across functions and channels has to start somewhere. To get into digital ID at the ground floor, more companies are pushing to address identity risk when onboarding new accounts.

Readers weigh in on Wells Fargo's latest efforts to mollify regulators, debate the value of a "mini CFPB" in California, consider proposed changes to the Community Reinvestment Act and more.

The industry welcomed a proposed overhaul of how the government identifies False Claims Act violations, but some say it remains to be seen if the changes are enough to satisfy companies that had bolted.

Maurice Smith, a former CUNA board chair with more than 35 years in the credit union movement, will receive the award during the African-American Credit Union Coalition's annual conference this summer.

Heightened regulatory scrutiny and a slowdown in commerce have raised concerns about the viability of doing business along the U.S.-Mexico border.

The Southeastern regional bank said Thursday that it had hired Lee Byrd to a new role dedicated to protecting customers and the company itself from fraud.