The Latest

PayPal's digital money transfer service Xoom will allow Japanese immigrants and others in the U.S. to send money for deposit into bank accounts in Japan.

Capital One Financial in McLean, Va., is facing regulatory delays as it looks to buy a credit card business from outdoor equipment chain Cabela's.

Since the Dodd-Frank Act was passed in 2010, bank industry representatives have confidently predicted that the next year would bring significant changes, only to see their hopes dashed amid partisan divisions over proposed fixes. Until now.

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: China starts a fintech investment fund; Trump says computers are unsafe; Topps gets breached; The U.K. plans a new coin.

Proponents of "recap and release" misread the political risks and the depth of interest that key lawmakers have in determining the long-term future of Fannie Mae and Freddie Mac.

A group of central bankers has postponed its planned meeting to review the details of the final capital and governance standards outlined in the Basel III accords, offering little explanation except that "more time is needed" to complete the rules.

Hancock Holding in Gulfport, Miss., has agreed to buy nine branches and about $1.3 billion in loans from First NBC Bank in New Orleans.

Receiving Wide Coverage ...He's back: Anshu Jain, the former co-CEO of Deutsche Bank, is joining Cantor Fitzgerald as group president, a newly created position, where he will help oversee Cantor's overall strategy and expansion efforts. His appointment comes 18 months after Jain resigned from Germany's largest bank "as concerns mounted over Deutsche's financial health and the many investigations it was facing," the New York Times said. He joined Deutsche in 1995, becoming co-CEO in 2012 before being replaced, along with co-CEO Jrgen Fitschen, by John Cryan. Wall Street Journal, Financial Times, New York Times

Amazon's checkout-free shopping model, currently in testing with employees, is a clear threat to the status quo for retailers. But does it also pose a risk for banks?

The EMV migration, online marketplaces and e-banking are giving crooks lots of places to commit fraud. Security strategy has to be more dynamic to keep up.