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Banks need to figure out how to provide more value to customers or nonbank financial services companies could displace them.

Affirm Inc., a startup from PayPal co-founder Max Levchin, is going after millennials with a new kind of credit card alternative that only exists online.

The bank is the latest to report required pay discrepancies in their British units; the DOJ and SEC are looking into sales practices at the bank’s wealth management unit.

The information you need to start your day, from PaymentsSource and around the Web. Today: Twitter will bar some cryptocurrency ads; Amex wants a patent for blockchain; Some new Samsung phones can't use the payment app; MSG adopts biometrics for entry.

Not all of the people driving this trend are honest about it. But there is a less nefarious use for browser-based mining as a potential revenue stream to support digital content.

Assuming that a wireless protocol is to be deployed for ease of use, the key decision to be made is the transport for communication between In-vehicle infotainment system (IVI) system and pump, writes Jim Carroll, chief technology officer at Mobica.

The e-commerce giant is muscling its way into a number of businesses that banks have long dominated.

Sen. Elizabeth Warren, D-Mass., raised ethics concerns about Mick Mulvaney's dual role leading both the Consumer Financial Protection Bureau and the Office of Management and Budget.

Nonbanks are originating more commercial mortgages on fixer-uppers in response to a sharp drop in the cost of funding in the securitization market. These deals are said to be "vastly different" than other CRE instruments that sustained big losses in the crisis — so far.

Independent Bank Group said the firms had become shareholders after it bought Carlile Bancshares last year.