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The accounting standard is coming regardless of a delay. It will bring some nonbank lenders to the forefront of banking competition.

A number of credit unions have announced promotions, new hires and recognitions for their employees.

The former Amazon employee got info from 30 other entities, prosecutors say; another bad day for bank stocks, with 3% losses typical.

The information you need to start your day, from PaymentsSource and around the Web. Today: Shopify adds chat; New technology battles card skimming; Checkout-free stores advance in Brazil; South Korean blockchain adds streaming music payments.

Payment companies have made substantial investments into new identity rules in Europe, but the deadline has become a moving target with different agencies offering conflicting or unclear guidance.

Were the Fed to develop its own payments platform, it would be expensive, duplicative, inefficient, and curtail development of real-time services, argues the National Taxpayers Union's Thomas Aiello.

People’s United offered 30% more in the summer of 2018 for United Financial than it agreed to pay in a deal announced last month. What followed the initial talks is a textbook lesson in the impact of indecision and the unexpected in bank M&A.

The LendingClubs and SoFis of the world have a big head start, but HSBC's U.S. unit says its partnership with the fintech Avant will help it close the gap in online personal loans.

The 2020 election is shaping up to be a key yardstick for legislation expanding cannabis firms’ financial services access.

The company withdrew an earlier bid to become an ILC after regulators identified problems with its application. It is seeking a Nevada bank charter because it wants to add deposit management services and expand into small-business lending.