The Latest

The information you need to start your day, from PaymentsSource and around the Web: Bad fees for bad guys; Israel's plan for digital currency; driverless car tech accelerates; and more.

The California-based credit union has seen significant growth among young members, but satisfaction rates were on the decline among all demographics due to long lines and wait times.

Scott Page, CEO of CoBiz Bank, will retire in a few days. He will be succeeded by Steven Bangert, the company's chairman and CEO. The company's chief financial officer will also become its chief operating officer.

The company will gain four Chicago-area branches as part of the $41 million all-cash acquisition for the parent of ABC Bank.

Brett King interviews Ben Goertzel, chief scientist of the robotics firm Hanson Robotics, about the strengths and weaknesses of Hanson’s humanoid Sophia robot.

Banks plan to spend more on blockchain and AI in the coming year, and appear willing to explore new technology partnerships.

With the increased demand for heightened security and the increased costs, there will also be a growth in attacks from nation-state actors, writes Antwayne Ford, president and CEO of Enlightened.

Banks reported $6.4 billion in trading revenue in the third quarter, down 3.6% from the previous quarter, on falling interest rate and foreign exchange revenue, the Office of the Comptroller of the Currency said.

New Hall of Fame inductees and other award winners announced, plus more new hires and promotions at credit unions across the country.

The McLean, Va., company and several other banks have disclosed the charges they expect to record in the fourth quarter due to lower values on their deferred tax assets.