Finance

Ant Financial, Alibaba’s finance affiliate controlled by billionaire Jack Ma, agreed to buy a stake in the Brazilian payments firm StoneCo Ltd after the company prices its initial public offering, joining Warren Buffett in investing in Brazil’s booming financial-technology startup landscape.

The Salt Lake City bank said consumer loans rose 7% from a year earlier. That was one of its several quarterly highlights.

Better web access, paid for by banks, could go a long way toward moving the unbanked into the mainstream. It was one of many ideas batted around at a recent a conference on the role fintech can play in promoting financial inclusion.

The credit union in San Diego expects to increase its efficiency and add products and services once the switch is complete.

Indian wallet provider Paytm has entered the Japanese market in a joint venture with SoftBank Group and Yahoo Japan.

Trade groups are calling on Congress to further delay NCUA's risk-based capital rule and extending a helping hand to red-state Democrats in tough reelection battles.

The $22.9 billion-asset TCF also highlighted improvements in credit quality in the third quarter as it continued to exit the auto finance business.

This is the first special dividend the Oak Ridge, Tenn., credit union has given out since 2005.

At Barclays' fintech accelerator, this year's class has fresh takes on personal financial management, recruiting and trade finance.

Netspend customers kept from accessing paychecks; Sen. Elizabeth Warren rebukes Comerica over fraud in benefits program; FDIC poised to revamp deposit rules (about time, say banks); and more from this week's most-read stories.