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Receiving Wide Coverage ...Kid gloves: The Government Accountability Office released its review of the Federal Reserve's annual bank stress tests, which the Financial Times said "may pave the way towards gentler treatment" of banks. "The report recommended that the Fed share more information on the models it uses and its reasons for failing big banks, while working more closely with other agencies including the FDIC and the OCC."

Minneapolis Federal Reserve Bank President Neel Kashkari has sketched out what he calls a streamlined, simplified post-crisis regulatory structure that can end "too big to fail" and prevent financial crises – but it comes at the expense of economic growth.

Glacier Bancorp in Kalispell, Mont., will enter Arizona after buying TFB Bancorp in Yuma.

If a consumer is willing to shop online through a mobile device while sitting on the toilet, retailers need to be in the bathroom with that shopper during the holiday season. At least, PayPal sees it that way.

Merchants are still slow to adopt mobile point of sale systems. But improvements in usability and longer battery life can turn that around.

As a payments industry professional, Reetika Grewal took the situation in stride, but her experience using mobile wallets and EMV exemplifies an issue many consumers are facing.

The surprising outcome of last week's presidential election is already causing some banks to adjust interest rates on loans and rethink their technology spending.

In ancient mythology, Chinese unicorns are lucky, rare creatures that appear to mark the arrival or death of a great leader, like Confucius. Today, China's tech unicorns -- private companies valued at $1 billion or more -- are far more commonplace and look increasingly cursed.

The $1.8 billion-asset parent of Cambridge Trust said in a press release Tuesday that Michael Carotenuto started as CFO on Monday. He succeeds Albert Rietheimer, who is retiring after serving as CFO since 2005.

Northern Trust on Tuesday promoted Michael O'Grady to president. O'Grady currently serves as head of corporate and institutional services at the Chicago-based custody bank, overseeing businesses such as asset servicing and investment management.