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Midland States Bancorp in Effingham, Ill., has plucked its new chief financial officer from a much larger bank: Kevin Thompson, who joins Midland from Zions Bancorp., where he had been senior vice president of corporate finance since 2014.

The U.S. sends $24 billion in remittances to Mexico each year, and that market is big business for some credit unions. Will President-elect Donald Trump really stop the flow of payments if Mexico refuses to pay for a border wall?

The information you need to start your day, including top headlines from PaymentsSource and around the Web. Today: Paytm gets a boost from India's cash crisis; crooks could obtain payment details from adult dating site hack; Facebook adds analytics to bots; a web attack hits Russia's largest banks.

The Consumer Financial Protection Bureau's contentious rulemakings on arbitration and payday lending may be in jeopardy with the change in administrations and continued GOP control of Congress.

The president-elect faces major questions about credit access, affordable housing, the future of Dodd-Frank, and the structure of the Consumer Financial Protection Bureau, and the extent to which he will act upon them remains unclear.

Trustmark in Jackson, Miss., has agreed to buy RB Bancorp. in Athens, Ala.

Wall Street JournalDismantling Dodd-Frank: Rather than fully repealing the Dodd-Frank act, Donald Trump's transition team is instead looking at dismembering the parts of it that "Republicans find most objectionable," according to the Wall Street Journal. One part they want to jettison is the Financial Stability Oversight Council's authority to designate large nonbanks as "systemically important." Another priority is overhauling Title II, which gives regulators the authority to take over a failing bank and liquidate it rather than bailing it out.

T Acquisition, an entity formed by A. Haag Sherman and the partners of Cain Watters & Associates, has agreed to buy the $207 million-asset parent of T Bank for $40.5 million, based on the seller's number of shares outstanding at Sept. 30.

Optimism is running high in banking after the presidential election, as many bankers see Donald Trump's promises to lower corporate taxes and weaken regulations as potential boons for the economy and their bottom lines. Others, though, doubt Trump would push through or even endorse meaningful regulatory reform and are wary of his protectionist rhetoric. Here's what some bankers have to say to the president-elect.

Stats show young people like to use smartphones to take photos of themselves, a key element of Mitek's payments security strategy.