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The San Diego company said the deal will bring in low-cost deposits and create a new source of fee income.

The agency should consider exempting some registered cryptocurrency exchanges from state money transmission laws.

The $63 million-asset Taconnet Federal Credit Union ha merged with $94 million-asset New Dimensions Credit Union

JPMorgan Chase Chief Executive Officer Jamie Dimon said the U.S. has legitimate grievances with China on trade, but that "anything that starts to resemble a trade war" will pour risk and uncertainty into the global economic system.

Some clients of Wells Fargo's wealth management division were steered into investments that weren't always in the best interests of clients, according to several people familiar with the unit.

The information you need to start your day, from PaymentsSource and around the Web. Today: Russia plots a payments network; South Africa sets up a crytpocurrency unit; Commonwealth Bank suffers an outage; Monzo makes progress with its new accounts.

CFPB acting director uses the senator’s own words against her; Wall Street veteran’s addition shows the German bank is committed to U.S. investment banking.

Implementing an electronic payments solution isn’t about replacing one payment method (checks) for an electronic one—as in abandoning checks for ACH, writes Ralph Perdomo, a research analyst at Nvoicepay.

Some of the biggest digital wallets in the world — including Alipay and WeChat Pay — succeed because they have very little in common with other big-brand wallets like Apple Pay, Google Pay and Samsung Pay.

Last month, banks submitted draft policies on the so-called application programming interfaces, or APIs, that will open up their systems to fintech firms seeking to do everything from payments and remittances to budget planning