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The Albany, N.Y., institution has made millions of dollars in mortgages through a program launched in July meant for those who do good in the world.

Malaysia files criminal charges against Goldman Sachs over 1MDB; Wall Street banks hit by market volatility while small banks face margin compression.

Despite continued growth and regulatory victories, this year saw challenges on a number of fronts that could have lingering – and even negative – consequences for the industry in 2019 and beyond.

The information you need to start your day, from PaymentsSource and around the Web. Today: Starbucks expands its deal with UberEats; Russia's Sberbank supports QR codes for payments; Nordic software comany Ervy picks up payment contracts; Sephora adds bitcoin rewards.

If they don't have them in place already, financial services firms need to provide digital budgeting tools, mobile payment and banking services before young consumers flee to other providers, says Chris Koeneman, senior vice president of strategic solutions for MOBI.

Cross-border payment startups like TransferWise and Xoom achieved rapid market growth by enabling consumers in emerging markets to receive funds via mobile wallets, cutting out intermediaries. Now legacy remittance giants Western Union and MoneyGram are improving their own resources to send funds directly to recipients' mobile wallets.

Branch acquisitions, once a popular way to scale up in new markets, have started to go by the wayside in the digital age.

Robinhood Financial has rebranded its service, deleted tweets about its launch and scrubbed the page from its website.

President Donald Trump on Friday named his budget director, Mick Mulvaney, as acting White House chief of staff, ending a tumultuous search to replace John Kelly, who the president pushed out without having lined up a successor.

The fintech's new products may violate several banking and securities regulations and could mislead the public about the differences between coverage on banking and investment accounts, industry officials say.