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CVB Financial in Ontario, Calif., and Valley Commerce Bancorp in Visalia, Calif., have amended the terms of their planned merger.

New York Community Bancorp in Westbury and Astoria Financial in Lake Success, N.Y., have terminated their merger.

The banking system ultimately needs a balanced approach to capital, which allows banks to efficiently function while also maintaining financial stability.

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: Consumers use digital to save money more than time; NYC parking goes mobile; charitable gift cards expand in San Francisco; E-bills win at bootcamp.

Breaking News This Morning ...Deal: Lloyds Banking Group agreed to buy Bank of America's U.K. credit card business, called MBNA Limited, for about $2.4 billion. The deal, which includes about $8.7 billion in assets, would boost Lloyd's share of the British card market from 15% to 26%, about the same share as market leader Barclays. "The deal culminates years of upheaval and reorganization at the bank, which the British government bailed out in the middle of the 2008 global financial crisis," the New York Times said.

Lloyds Banking Group Plc agreed to buy Bank of America Corp.'s MBNA credit-card business in the U.K. for 1.9 billion pounds ($2.4 billion) in cash, marking its first major deal since being rescued by British taxpayers eight years ago.

Alipay's fast growth is partly attributed to the huge size of the Chinese market, but it also deploys strategies that can serve as an example for mobile wallets in other parts of the world.

As long as there has been mobile commerce, there have been calls for different stakeholders to share competitive turf in the name of universal acceptance.

On Sept. 30, 2016. Dollars in thousands.

On Sept. 30, 2016. Dollars in thousands.