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Investment bank promotes several executives; banks ask Mnuchin to help roll back rule that would make them recognize loan losses earlier.

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: Australia deregulates fintech; Mobile bank goes real-time in the U.K.; German companies collaborate on ID; Correspondent banks face regulatory expense.

Frank Sanchez, a former FIS executive, is launching a new cloud-based core banking system aimed at large community banks looking to ditch mainframes.

MIT professor Maria Loumioti has studied loans made strictly using hard data and loans where a loan officer clearly was influenced by personal connections or feelings about a borrower. The results shed light on the value and limitations of "soft" information.

Mobile apps are becoming the playground and hiding place for cyberattacks and the criminals who orchestrate them.

The Durbin Amendment is on the chopping block , which could reverse years of savings for merchants and consumers.

Banks are often pressured to compete with third party mobile wallets to protect their brands. But it's unclear if that strategy is helpful in attracting consumers.

The Financial Stability Oversight Council discussed its designation of certain nonbanks as systemically important and the "efficacy" of the Volcker Rule at a closed-door meeting on Monday.

Banks are increasingly tightening lending standards for commercial real estate loans and are likewise seeing a drop-off in demand, according to a report released Monday by the Federal Reserve Board.

The German bank announced a project designed to create a single online registration for users across a number of industries.