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Financial innovation will stall unless we, as an industry, collaborate on a universal data gathering standard.

First Business in Wis. to consolidate bank charters-

Mnuchin to divest; fintech firms may be able to get bank charters

Welcome to the new PaymentsSource Morning Briefing, delivered daily. The information you need to start your day, including top headlines from PaymentsSource and around the Web. Today: JetBlue's onboard Wireless migration's complete; Android Wear 2.0 gets closer; Belgium wants Brexit collaboration; Stripe and Payoneer score big in VC.

As consumers use digital channels more, merchants are under pressure to not only make payments seamless, but tie transactions to broader customer-facing and internal functions.

The Society for Worldwide Financial Telecommunication is exploring the potential of distributed ledger technology for banks to provide real-time reconciliation of their databases for accounts they hold in other banks in a foreign currency.

Disruptors have chased banks for years with the promise of easier and more social payments and other services, but only recently have they started wielding a weapon that should have incumbents worried, says investor Adam Dell.

The U.K.-based firm has raised $373 million from investors since it was founded in 2010.

The company will pay $23.4 million for the $194 million-asset parent of Capaha Bank.

More than 420 FIs across the country offer Kasasa’s checking and savings account services.