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The Securities and Exchange Commission sanctioned Citigroup because of unauthorized proprietary trading as well as for the failure to detect suspect loans issued by its Banamex unit.

Ratings firms and mutual funds are seeing greater value in community banks because of their simplicity and local connections.

Domestic card growth has not lived up to the bank’s expectations, even after its Costco coup. So it is making changes here to get product development, payments technology and card portfolio management on the same page worldwide.

BBVA Compass said on Wednesday that it was partnering with the broker-dealer Brean Capital to offer a variety of capital and investment banking services for community banks and correspondent banks.

Security researchers are uncovering widespread vulnerabilities in several popular mobile point-of-sale systems, which have become increasingly popular in recent years among many types of merchants large and small.

Since John Turner took over as CEO in July, Regions has announced several executive appointments, including promoting Kate Danella to oversee strategic planning.

The U.S. may be next to see a surge of contactless credit cards, following other major markets around the world. But it’s unclear whether enough U.S. consumers are interested in contactless payments for issuers to make the investment.

One expert says that when done right, marketing can have a bigger ROI and strategic impact than any other investment a credit union makes.

When there are leadership roles for women in the payments industry, the individual, the entire company, its workforce and the industry thrive, writes Lisl Dutterer, executive director at Wnet.

Texas-based digital gift card platform company Swych has launched a gift card service for instant cross-border gifting to India following its recent acquisition of GiftCardsIndia.