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Goldman Sachs CEO David Solomon sticks to rogue banker defense in scandal; bank misses earnings, revenue estimates.

A number of healthy credit unions have undertaken “mergers of equals” to bolster long-term prospects. But those institutions are opening themselves up to unique risks and challenges as a result.

The Montana company will more than double its assets in Utah when it buys FNB Bancorp.

The information you need to start your day, from PaymentsSource and around the Web. Today: Grab adds insurance; Driverless mobile store planned in Boston; Crypto advances for salaried workers; R3 improve identity tech.

For the U.S. to move forward, education will be required to teach users how to utilize new technology to manage their finances, says Katy Gibson, vice president of product applications at Envestnet Yodlee.

The online student lender said it is reallocating some jobs and "sunsetting" others.

The Iowa company will pay $94 million for a bank with five branches and $727 million in loans.

The company recently agreed to be sold to SmartFinancial in Knoxville, Tenn.

The Fiserv-First Data deal, valued at about $22 billion, will combine two of the financial services industry's largest technology and processing companies.