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Western Union, the world’s largest money-transfer provider, will soon test banking products for its customers.

The digital-only bank has adopted machine learning to process loans faster, more accurately and with better fraud detection than in the past.

Most executives are comfortable crossing over $1 billion of assets, where more frequent exams are the biggest supervisory change. But few are eager to take on the compliance burdens that accompany the jump above $10 billion.

Smaller lenders have proved more aggressive than their larger rivals in making new loans during the farm country rebound. Market watchers warn that the price boom may not last.

The digital transformation of payments has reached its next phase — with banks and fintechs leading the way. Avoiding the one-size-fits-all approach to deliver the experience customers want is key.

The National Credit Union Administration approved the creation of Maun Federal Credit Union, which will serve members of the state's Islamic community.

Migrating to the cloud exposes the pivotal role of identity in the smooth operation of applications, and how it creates unique challenges, says Strata Identity's Eric Olden.

The risk is growing that criminals or hostile nations could use quantum computing to hack into the ledger systems that control bitcoin and other digital currencies.

The Paycheck Protection Program has about $8 billion remaining, with those funds earmarked for community development financial institutions, minority depository institutions and other mission-driven lenders.

The pandemic spurred millions of merchants to add contactless payments within a year, pushing the number of global stores accepting contactless to 90%, according to new data from Mastercard.