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The Congressional Budget Office has found that restructuring the mortgage market would save the government billions of dollars but may increase the cost of housing.

Security researchers have raised alarms about the vulnerabilities of fax machines (yes, many banks are still using them) and printers. It is the kind of threat companies tend to overlook.

Bank7, which aims to raise $75 million, also has extensive dealings in the hospitality industry. The company has completed two acquisitions since 2011.

The advent of Faster Payments services plus Europe’s PSD2 have heightened concerns among banks about increased fraud risks. This has created opportunities for firms such as New York/Israel’s BioCatch and San Francisco’s BehavioSec, both of which develop technology around behavioral biometrics analysis.

Legislation allowing regular bill payments to count toward credit history would solve more problems than some critics fear it would create.

To compete with fintech startups, banks need to find more ways to use the mountains of data already at their disposal.

The decision to adopt the name Axos Bank seems to put more distance between the company and its internet roots.

Small and midsize banks are most at risk as commercial loan volume fails to ignite; the cutbacks are partly the result of lower origination volume.

The information you need to start your day, from PaymentsSource and around the Web. Today: Alipay cracks down in cryptocurrency; Visa invests in digital payments; Mobile wallets are growing quickly; A consortium pushes a universal blockchain.

When Chris Winship, partner of FTV Capital, paid $35 million in private equity funds for a slice of the digital gift card player Tango Card in May 2018, he did so with the expectation that he would quickly find a buyer.