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If banks and customers take steps to quickly adapt to the change now, the benefits will soon be realized, says Sage's Adam Prince.

The U.K.-based fintech says that a recent crowdfunding campaign shows demand for its product, even though the amount it raised is well below funds obtained from VCs.

New technology allows AmEx to see a startup’s bank balance to let fledgling firms qualify for cards, said Anna Marrs, president of global commercial services.

The former House Financial Services Committee chairman follows other notable former officials who went to the think tank after government careers.

Within the first 24 months of appointing female CFOs, companies saw, on average, a 6% increase in profits and an 8% better stock return, compared to performance under male predecessors.

FASB delayed implementation for the majority of banks and credit unions until 2023, but many in the industry still oppose the rule, despite regulators' attempts to ease the path forward.

The fintech provides API support to Chime, Varo Money and other challenger banks.

Employee programs need to embrace a wide range of groups including women, minorities and the LGBTQ community.

The banking industry will continue its fight against the credit-loss rule; the bank posted gains in consumer, wealth management and commercial lending.

The information you need to start your day, from PaymentsSource and around the web. Today: EU regulators examine Apple Pay; Exec in Taiwan likes Libra; Amazon Pay's voice in India; Bermuda launches blockchain ID.