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Goldman Sachs Group is tapping the former No. 2 official at the International Monetary Fund and veteran of the Trump administration's trade wars with China to strengthen its ties with international governments.

Customers can use the company's application programming interfaces to set up automatic bill payments and donations, block transactions that would break their budget, and more.

The Charlotte, North Carolina, bank is one of several that have embedded automated investing in their online and mobile banking, alongside access to human advisors.

SRP Federal Credit Union in North Augusta named Eric Jenkins as the organization's next leader, effective Sept. 1. He will succeed current interim president Woody Shuler, who has led the $1.7 billion-asset credit union since November, 2020.

10 things to know in August: Community banks are partnering with smaller core providers for tech overhauls, Bread's outage leads to a consumer uproar and more.

The move comes amid dwindling advances and a growing concern that the Home Loan banks are participating in riskier investments.

Flow Traders and Hudson River Trading have backed Sei Labs, a crypto startup founded by Goldman Sachs and Robinhood Markets veterans that is developing a blockchain aimed at speeding up decentralized finance transactions.

This week in global news, Afterpay makes way for Block's Cash App, Singapore plots a crypto crackdown, U.K. calls for fintech deregulation, and more.

The Delaware-based bank sees a particular opportunity to serve senior living communities and long-term care facilities. It has hired Kevin McKeown from Fulton Bank to run the new group.

JPMorgan Chase's Frankfurt offices are being raided by Cologne prosecutors as part of their vast probe into the Cum-Ex scandal that robbed tax payers of billions of euros.