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SIA also plans to power payment cards in other currencies for solarisBank.

The addition of John Stallings, who ran SunTrust's Virginia operations, is intended to make Union a more nimble institution, allowing CEO John Asbury to spend more time on strategic planning.

The existing state laws create a gray area for bitcoin-related businesses, according to Rob Viglione of ZenCash and Scott Nelson of Sweetbridge.

Federal Reserve Board Vice Chair Stanley Fischer said he will resign from the Board of Governors on or about Oct. 13.

The Providence, R.I., company said Wednesday that it has launched its robo adviser in an effort to make inroads in serving “mass affluent” customers.

The acquisition will allow Eagle to expand into southwestern Montana.

Natural disasters like Hurricane Harvey reveal banks’ ability to lend a hand to communities in need, and to keep employees engaged and motivated for the initiatives that matter most.

Husband and wife claim they were fired for raising concerns about the bank’s sales practices; commercial mortgage-backed securities on pace to top last year’s volume.

Welcome to the PaymentsSource Morning Briefing, delivered daily. The information you need to start your day, including top headlines from PaymentsSource and around the Web. Today: Alibaba's new mall; Cross-border pay expands in South Africa; New bitcoin wallet; Virtual currency volume spikes.

Phishing crooks are like security analysts with more weapons, creating a danger for payment and other companies, writes William MacArthur, threat researcher for RiskIQ.