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Twitter Inc. Chief Operating Officer Anthony Noto has resigned to accept the role of chief executive officer at Social Finance Inc., according to both companies.

The client groups aim to take an active role in shaping the future of payments.

The South Carolina company also provided a timeline for heightened regulation tied to crossing the $10 billion asset threshold.

Millennials are more bank-savvy than they’re given credit for, according to a new survey sponsored by Bank of America.

Record net interest income, helped by a 22-basis-point gain in net interest margin, boosted quarterly results in spite of declining fee income.

E-commerce merchants battling fraud that comes from multiple directions often need to use several different solutions that don’t always mesh well, bogging down the checkout process and inadvertently blocking good transactions.

Net interest income climbed nearly 16%,, though overall profits declined as the Columbus, Ga., company paid down debt and took a one-time charge related to the new tax reform law.

Bank will add 400 branches and boost mortgage lending; the company attempts first acquisition since it nearly failed during the financial crisis.

The information you need to start your day, from PaymentsSource and around the Web. Today: Researcher finds a potential vulnerability at Uber; Visa bolsters executive ranks; Grab adds tech for bike sharing; The impact of PSD2.

Dan Kimerling, founder of Deciens Capital, explains why it would make sense for U.S. banks to accept open banking.