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The former Goldman CEO is said to be the unnamed executive at a meeting with Asian financier; the bank faces multibillion-dollar penalties in two countries.

The information you need to start your day, from PaymentsSource and around the Web. Today: New ATM attacks from North Korea; Cryptocurrency emerges for financial inclusion; Hong Kong upgrades federated ID; U.K. fintech expands donation technology.

Barclays is leveraging its global network of offices and its business expertise to sponsor fintechs through its Accelerator programs in London, New York and Tel Aviv.

Adapting to Chinese consumers’ expectations of mobile pay options can help international retailers remain relevant and competitive by offering an easy, smooth, and interactive customer experience, writes Franklin Chu, managing director for Azoya USA.

Readers sound off on the 2018 midterm election results, OCC's Otting defending his agency's right to charter fintechs, and predictions the plastic credit card is nearly dead.

UBS Group sold tens of billions of dollars' worth of residential mortgage-backed securities by "knowingly and repeatedly" making false and fraudulent statements to investors about the loans backing those trusts, the U.S. Justice Department said in a civil suit filed Thursday.

Examiners could have done more to minimize the brunt to the Deposit Insurance Fund from Washington Federal Bank for Savings, which hid fraudulent loans and will cost the fund more than $80 million, according to a report from the Treasury’s inspector general.

There was speculation the North Carolina congressman wanted a higher Republican leadership role, but on Thursday he expressed interest in the ranking member position.

The Swiss banking giant has been accused of helping wealthy French clients hide assets from tax authorities.

Despite deep political divisions across the country, the National Credit Union Administration board has shown Republicans and Democrats can still work together effectively.