The Latest

Regulators want to make rules easier for small banks; auto loan defaults rise while used-car prices fall.

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: LG Pay to launch in June; New York hits record for breaches; U.K.'s Three has a mobile number mishap; Amazon Prime expands voice ordering.

Some new data rules, such as the one in New York state governing cybercrime protection, require complex technology work to remain compliant. But the rules also leave room for outside help.

Royal Bank of Canada has long been enthusiastic about payment technology that most other banks usually see as long-term projects.

Democrats, financial services industry executives and even Wall Street reformers are speaking out against President Trump's proposed cuts to the CDFI program.

The lender will begin an ad campaign in mid-April with the tag line "Building Better Every Day," company employees were told Tuesday.

In a further illustration of weakness in the auto sector, Ally Financial said Tuesday that its 2017 profits will likely be dinged by rising delinquencies on subprime auto loans, as well as by falling used-car prices.

During a panel discussion Tuesday, regulators said they are trying not to crack down too hard on sales incentive programs and fix problems that bankers have identified with the exam system.

Plimoth Investment Advisors, a firm owned by two mutuals in Massachusetts, is buying the business.

Freddie Mac is bolstering its relationships with housing finance agencies after it fell short of reaching two affordable housing goals last year.