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AltaPacific Bancorp in Santa Rosa, Calif., has promoted its chief operating officer an even bigger role.

WASHINGTON — Development on the Common Securitization Platform has reached a point where Fannie Mae and Freddie Mac may be able to issue a uniform mortgage-backed security sometime in 2018, the Federal Housing Finance Agency said Thursday.

The gender equality police — namely, the activists Arjuna, Pax, and Trillium, which targeted Silicon Valley earlier this year — is making moves on Wall Street now, starting with Citigroup, Bank of America and Goldman Sachs. Fed governor Lael Brainard encourages fintechs to tackle financial access and Cleveland Fed president Loretta Mester talks about the industry's past and future. Citi FinTech's Carey Kolaja celebrates its first product launch. Plus, people moves at Santander Consumer, Deutsche Bank and Bank of New York Mellon.

The bank must make fundamental changes to avoid becoming the ultimate scapegoat for grievances about Wall Street's biggest banks.

The campaign, coordinated by Credit Unions for Kids, aims to raise awareness for credit unions and benefit Children’s Miracle Network hospitals.

Deloitte is looking to diversify beyond its "bread and butter" of professional service firms.

To launch its payments platform, Digitzs used crowdfunding as an alternative to the traditional venture capital. Its founder explains how it made that happen.

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: Visa's opens tech in Africa; Pebble phases out; Brazilian card draws funds in a tough market; EU can't meet standards timeline.

U.S. banks are smart to take their time in embracing a model that cedes space to nonbank competitors and could put consumers more at risk for identity theft.

Receiving Wide Coverage ...Big brother: Credit Karma and Mint are ready to offer automated tax preparation services as part of new features "that will make them feel more like robotic financial advisers, tapping customers on the shoulder when they could make better financial decisions," as the New York Times puts it. Credit Karma said Wednesday it acquired AFJC Corp., an online tax preparation and filing company, and would begin offering its services, called Credit Karma Tax, in time for the 2017 filing season, the Wall Street Journal reported.