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VC firms Capital 300 and Draper and Associates have made a Series A investment in Authenteq, a identity security firm that uses blockchain, which is gaining steam as a means to support digital ID.

CEO Michael Corbat will need to lean heavily on credit cards and other consumer business lines, and keep driving down costs, to offset weaknesses in capital markets.

One of the few bright spots in Ingenico’s sagging revenue performance last year was double-digit growth within its global e-commerce unit, where it’s been experimenting with chatbots.

The revised recommendations are one of the last remaining pieces left to finish in the Basel III capital accords.

India’s ICICI Bank is rolling out a loyalty program for consumers who regularly send remittances to India via the bank’s Money2India online platform and app.

Though it would be based in the nation's capital, MOXY Bank would also have significant operations in Charlotte, N.C.

The Chinese government is not formally considering Visa and Mastercard’s year-old application to process payments inside China, another signal of China’s almost constantly changing regulatory posture toward the American card brands.

The Gray, Tenn.-based institution has named Kelly Smith as its temporary leader after Ron Scott resigned to move closer to family. He subsequently passed away.

The impasse has halted grant and loan applications and frozen many farm subsidies just weeks ahead of planting season.

Despite the ongoing federal work stoppage, some scheduled activities are still taking place this week in Washington.