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Canada is making a big leap in modernizing identity verification, tapping blockchain technology to let consumers digitally prove who they are to securely access banking and other personal services.

Doug Fagan was named president as Sundie Seefried, who will remain CEO, spends more time on the credit union's cannabis banking division.

Big banks and other financial firms spend as much as $3,000 per employee to defend computer networks from cybercriminals, a survey found, as the industry remains the primary target of such attacks.

Political contributions from Wall Street rose, but did they influence policy?; bank stocks post biggest monthly gain since President Trump was elected.

The information you need to start your day, from PaymentsSource and around the Web. Today: U.K. regulators say PayPal's iZettle deal won't hurt competition; Amazon extends its Key service to some Ford brands; Remitly adds to its network; Refundo and BitPay offer cryptocurrency tax refunds.

As credit unions attempt to bring in deposits to fund more loans, one institution's success story could offer a path for others.

Apple Card's advantages are mostly available elsewhere, but Apple's marketing prowess will make it a formidable competitor, according to Jonathan Ebinger, a general partner at Blue Run Ventures.

Payments platform BizPayO is launching an online cash flow tool it says will help small and medium-size business owners tackle what amounts to a $3 trillion late-payment problem annually that undermines operations.

April Frazer describes herself, forthrightly, as a very driven person. Which may explain how she became global head of banks at Wells Fargo before her 37th birthday.

Innovation is part of Emily Girsch's daily routine. That's why the chief financial officer at Lincoln Savings Bank in Cedar Falls, Iowa, spends a lot of time thinking about the need to modernize bank regulations for the digital age.