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Bank warns investors of bigger fallout from scandals; Senate Republicans may not have votes to overturn rule ending mandatory arbitration.

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: Amazon's limits; Fiserv offers more for Monitise; Capital One's budget app's closing; Shopify pushes voice tech.

If everyone has a universal digital identity, the documents that identify us in the physical world will no longer be necessary, writes Michael Gorriz, group chief information officer for Standard Chartered Bank.

Credit card issuers are beginning to see significant upticks in credit card account charge-offs, with Discover the latest to report a spike, flagging a 55% hike in losses during the most recent quarter. But what exactly is driving the increase?

Even the most honest customers can look risky if they frequently travel. Their movements can throw off traditional vetting techniques that authenticate transactions by looking at location as a risk factor.

Wells Fargo customers suing the bank for forcing them to pay for unnecessary auto insurance that drove some of them into default on their car loans asked a court to order the bank to immediately take steps to repair their credit reports.

It is the latest of several popular apps to close down in recent weeks.

Supporting soccer teams, foster parents, aspiring scholars and other causes.

Current SVP Tom Davis will take over as dictated by the firm's long-time succession plan.

The financial services industry is at risk of being caught flat-footed if a legislative measure to rescind the Consumer Financial Protection Bureau’s rule regulating arbitration agreements fails to pass.