The Latest

There are many contenders working towards developing a universal digital ID system. CULedger will test its offering later this week with a rollout scheduled for the second half of 2019.

The information you need to start your day, from PaymentsSource and around the Web. Today: U.K. forms new financial crime unit; Salesforce adds AI; UnionPay opens to developers; Fiserv lures sports pay network.

The bank, which plans to host an investor day next month, didn’t provide any annual targets for 2019. The company said it expects net interest income to be little changed in the first quarter.

Americans are living longer yet retiring earlier and saving less, says Matt Fellowes, CEO and founder of United Income. But there's no need to panic.

There are many contenders working towards developing a universal digital ID system and away from static passwords. A group of credit unions is ready to see if its blockchain-based approach can serve a wider market.

Fragmented and manual AML processes pose a challenge to many institutions, contends Edmund Tribue, risk and regulatory practice leader for NTT.

Its savings, budgeting, spending and goal-setting tools, combined with artificial intelligence to add smart insights and advice, are a good example of how regional banks are trying to distinguish their mobile products from those of bigger banks with larger tech budgets.

Ambassador provides balance sheet management, investment banking and capital markets services to financial institutions.

The company, which has yet to report quarterly earnings, said the moves will turn a profit over time.

Marketing and venture capital veteran Allison Johnson will become PayPal's executive vice president and chief marketing officer — a new role at the payments company as it tries to monetize its Venmo app.