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The OCC required the company to raise more capital and complete a CRA plan. Varo Bank still needs FDIC and Fed approval before opening.

Giro Zrt, a Hungarian financial services industry organization that operates a domestic automated clearing house payments network, is teaming with the payments service provider Nets A/S to create a national instant payments service.

Minal Hasan, a lawyer turned prominent fintech venture capitalist, has strong views on founder dramas, cryptocurrency, and why banks need to step up their technology game.

A cryptocurrency expert languishing in a Greek jail may have a vantage point on a tantalizing issue — how Russians in U.S. Special Counsel Robert Mueller’s crosshairs used Bitcoin to obscure their money trail.

Discovery Ltd. is on track to start a South African bank by the end of this year after agreeing to buy FirstRand Ltd.’s stake in a credit-card venture, a transaction which had delayed the lender’s launch.

The agencies had proposed revisions designed to make compliance less complex, but banks have expressed concern that the plan could have the opposite effect.

Many community banks lack the historical loss data they need to adopt the new accounting standard, which raises questions about the model’s efficacy for these institutions.

JPMorgan Chase has reached a settlement with financial advisers who say they were treated poorly because they're black.

Melissa Ashley, who has been with the corporate since 1999, has been tapped to succeed retiring CEO Lee Butke.

Google has a validated and ready to roll out mobile payments model that it has developed in less than one year, writes Daniel Döderlein, CEO and founder of Auka.