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Clearer standards make it easier for shareholders to boost their stakes in banks without having to file for bank holding company status.

CardWorks also specializes in subprime credit cards and loans for recreational and marine vehicles.

The bank still plans to open branches on the West Coast even as it trims its overall U.S. footprint by 30%.

The deal for Boston-based Radius would be the first in history in which an online lender buys a mainstream bank.

Consumer advocates and policymakers are railing against use of the technology by government, universities and others. Banks using it for authentication need to tread cautiously, experts say.

Years after criticizing the Dodd-Frank Act, the Democratic presidential candidate and former New York City Mayor Michael Bloomberg is now taking a page from the Elizabeth Warren playbook.

Fiserv completed a PIN on Mobile transaction using only an app on a consumer grade handset, and plans to pilot the technology in Europe and Asia.

Alexander most recently headed up mortgage lending and before that co-led the integration of Key's acquisition of First Niagara. He replaces Dennis Devine, who recently left the company.

London mobile point of sale fintech SumUp has launched a prepaid business Mastercard to its line of small business products.

Many financial institutions are missing out on the ability to use payments data in a proactive way, to make smart decisions that inform actionable insights, and create competitive advantages that allow them to become data-driven organizations, says Finastra's Robert Mancini.