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Latin America’s fast-growing e-commerce industry is providing opportunities to provide payments gateways for cross-border transactions originating in countries that don't favor digital or credit card payments.

Gagan Kanjlia joins the Santa Clara, Calif.-based Silicon Valley Bank after spending two-plus years as the head of product for OnDeck, an online lending provider for small businesses. Before OnDeck, Kanjlia spent 14 years at Capital One.

Recent data from NCUA showed a lot of positives for the industry, but it also revealed some potentially worrisome trends.

Fabrice Coles, who was the CBC's executive director, will work on consumer and fintech policy issues at the Bank Policy Institute.

Royal Bank of Canada's investment-banking division will advise on stock sales and arranging takeovers for companies in the marijuana industry, joining Bank of Montreal's BMO Capital Markets in serving an industry that didn't exist five years ago.

The Trump administration wants to work with Congress on freeing Fannie Mae and Freddie Mac from government control, though it's considering pursuing some changes on its own, Treasury Secretary Steven Mnuchin said Tuesday.

The agency rolled out nearly a dozen policy changes, proposals and requests for comment, including an advance notice of proposed rulemaking on brokered funding.

The move is sure to draw criticism from bankers because it would allow credit unions to compete for backing from private investors.

The sale should increase Shore's capital levels and allow it to expand its banking activities.

Alipay is upgrading its facial recognition technology to make it more accessible to users and to make it harder for crooks to game the system