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Watermark Bank would focus on business banking and entrepreneurs, with technology and concierge services designed to target those customers.

Both executives have changed the cryptocurrency narrative with supportive statements, but attracting merchants to a payments market will require work.

"It was a difficult decision, but we’re at a good spot to do this,” Finch, 55, said in an interview.

The soon-to-be-retiring chair of the House Financial Services Committee said Senate leaders have made a "commitment" to consider more changes.

When potential sellers are skittish, a merger pitch from a peer who’s been through it can make the difference.

Amid a booming economy and a competitive market, Jackson, Mich.-based American 1 Credit Union has raised wages for all employees but the CEO.

For cryptocurrency entrepreneurs in particular, many of whom are just developing the anti-money laundering programs they are required to have under other FinCEN rules, the CDD rule is worth taking note of, writes Laurel Loomis Rimon, senior counsel at O'Melveny & Myers LLP.

Behavioral data about Hispanics’ use of digital payments is scarce, but the sector as a whole spends more than $1.4 trillion annually and its population growth rate significantly outpaces the mainstream, based on U.S. Census Bureau data.

Christian Sewing doesn’t only have to reshape the company, revive profits and improve morale, he has to get regulators off Deutsche Bank’s back.

A bill to allow the USPS to offer financial products would be bad for consumers, taxpayers and the banking industry.