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The company will pay $53 million in cash and stock for Signature Bank.

It was a decidedly mixed bag for banks and credit unions in the Senate regulatory relief bill, with some institutions doing quite well while others were left out in the cold. Following is a guide to who was helped — and who lost out.

The information you need to start your day, from PaymentsSource and around the Web. Today: Mastercard opens its first innovation hub in Australia; Collaborative mobile payments advance in Poland; Steem plots a blockchain wallet; CU Wallet founder joins credit union tech consultant.

Jerome Powell has been in the public eye for decades. But what he would actually do with the job is unknown. American Banker reporter John Heltman explains.

Viewpoint's Henry Ferguson has heard the arguments against digitization firsthand, when checking with advisers who take the temperature of people in the construction industry.

Transit transactions will increase card use and loyalty, and will generate the same sort of reputational boost London enjoys with Oyster, writes Andrey Tikhonov, director of payment technology for Infinite Peripherals.

Following in the footsteps of Chase, Wells Fargo and others, Fidelity is launching an application programming interface to let third-party apps access customer data — as long as the customers grant permission.

In his first major move as CEO, Charlie Scharf has made several management changes at Bank of New York Mellon.

The San Francisco company is one of numerous online lenders that are struggling to become profitable.

The election of Democrat Phil Murphy as New Jersey's next governor is being hailed as a victory for advocates of state-owned banks. But challenges remain — namely, stubborn opposition from mainstream banks.