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Otting wants banks to make small loans to consumers; the German bank will reduce headcount by at least 7,000.

The information you need to start your day, from PaymentsSource and around the Web. Today: Hyundai collaborates on car pay tech; Fintechs take another crack at cryptocurrency payments; A fifth of Americans think cash payments will fade fast; Paytm puts a financial inclusion army in the field.

Moody’s lead analyst Fadi Massih shares what he looks for when deciding how to rate banks, including traits that could help them withstand fintech competition.

Avoiding repeating past mistakes will not be enough. Visa, Mastercard, Amex and Discover need to bring some added value that could trump PayPal’s already end-user-friendly solutions, writes Adriana iordan, vice president of product management for 2Checkout.

In an age of quick processing for digital payments, transaction disputes can still take weeks for a resolution or chargeback — an unacceptable time frame for e-commerce. To hasten dispute resolution, some vendors are beginning to offer financial incentives to merchants that agree to speed up the process.

Montgomery was confirmed by the Senate 74-23 to serve his second stint at the FHA, where he previously was commissioner during the George W. Bush administration.

Long-awaited modifications to proprietary trading ban are to be unveiled at an open meeting on May 30.

A look at the many ways credit unions are making a difference by giving back to the communities they serve.

Venu Krishnamurthy is joining the asset management giant at a time when it is reorganizing itself and tinkering with product offerings to ward off fintechs and other challengers.

Farmers & Merchants Bancorp is looking for a successor for Paul Siebenmorgan, who has been its CEO for nearly 15 years.