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Institutions that have been opening consumer accounts without consent need to prepare for the fallout, even if the OCC has said it won't name names.

Competition for deposits is heating up as summer approaches, and banks are responding in all sorts of ways — from launching digital-only platforms to raising CD rates to reviving debit rewards. But rising interest rates could weaken demand for loans, especially mortgages.

Proposed changes to Dodd-Frank's ban on proprietary trading are unnecessary and put the markets at risk.

The Indiana bank would add nearly $100 million in deposits with its purchase of FM Bancorp.

Technology provider will operate as a CUSO of Connecticut-based credit union.

The Seattle company is firing 127 people, or a tenth of its mortgage staff, after enduring months of slow activity.

The information you need to start your day, from PaymentsSource and around the Web. Today: Singapore studies the right way to use AI; Slovenia develops a cryptocurrency mall; Klarna expands into auto repair payments; Dixon's suffers a breach.

Security Group was fined $5 million for abusive collection tactics; the Dutch payments company is now valued at nearly $16 billion.

Ellen Zimiles, global head of investigations and compliance at Navigant Consulting, shares what she's learned about testing and implementing AI in compliance departments, filing defensive SARs, and hiring the right people to maintain an AI system.

Rising technology expense and security challenges will require institutions and ATM operators to get more creative in managing resources, such as finding new uses for discarded machines, according to Mark D. Smith, director of business development for MVP Financial Equipment.