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A new employee each year will be selected to represent the Eau Claire, Wis.-based credit union at industry events.

The technology can help banks get the most out of the vast amounts of information at their disposal.

The Michigan company will pay $68 million to expand in a high-priority market.

The Los Angeles company said it is also looking into internal controls tied to construction lending.

The information you need to start your day, from PaymentsSource and around the Web. Today: NatWest tries voice assistant; MoneyGram's web relaunch; New Zealand allows crypto salary; Deliveroo quits Germany; Mexico suffers a card outage.

CIT Group will gain nearly $7 billion in low-cost deposits, mostly tied to homeowners associations, as part of the acquisition.

E-commerce's dramatic expansion gives any merchant the opportunity to sell in any market. That leaves payment providers scrambling for an angle in a crowded market.

The difficulty of detecting synthetic fraud has caused it to quickly develop into the primary method of attack for criminals, says Monica Eaton-Cardone, COO of Chargebacks 911 and CIO of its parent company Global Risk Technologies.

Tussles over risk-based capital have preoccupied the agency of late, but Rodney Hood says he also wants to foster growth of minority-owned institutions and make sure credit unions are taking the hacker threat seriously.

With the agency mulling changes to the “Qualified Mortgage” regulation, mortgage lenders say little-known standards for how they document a borrower’s income would be a good place to start.