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A group of financial regulators have announced final changes to its ratings system for examining FIs' compliance with consumer protection laws. The update to the ratings generally reflects changes in the marketplace since the rating system was adopted in 1980.

Mentor, Ohio-based Cardinal Credit Union on Monday said three credit unions from the Buckeye State's Mahoning County have merged into Cardinal CU.

Home BancShares in Conway, Ark., has agreed to buy the parent of Landmark Bank in Fort Lauderdale, Fla.

The information you need to start your day, including top headlines from PaymentsSource and around the Web. Today: Walmart's big plans for mobile wallets; Stripe's collaborators get a directory; the U.K. downsizes check processing; CaribShopper expands.

Carolina Financial in Charleston, S.C., has agreed to buy Greer Bancshares in South Carolina.

First United in Oakland, Md., is looking to raise up to $9.3 million through a rights offering.

Making customer experience consistently good is a priority, but it's not enough. Great experiences in the future will be tailored to individual needs and preferences.

Receiving Wide Coverage ...British bank hacked: Tesco Bank, a unit of U.K. grocery chain Tesco PLC, said Monday that hackers stole money from customer accounts over the weekend, earning the bank "the rare and dubious distinction of losing customer money in a cyber-attack," in the words of the Wall Street Journal. CEO Benny Higgins said about 20,000 accounts had money stolen from them. "Although the numbers are small, the incident is the stuff of nightmares for bank CEOs who are spending billions of dollars to protect their intricate computer systems from cyber-attacks," the Journal said. The paper noted banks have been hacked before, but it is rare for customer funds to be stolen. The Financial Times notes the attack "exposes vulnerabilities," while other articles ponder the implications for the bank and depositors and shareholders. The bank "temporarily stopped online transactions from all current accounts," the FT reported. Wall Street Journal, Financial Times, American Banker

The leading US bitcoin exchange, Coinbase, has begun using Jumio’s face match software for digital identity, adding another layer of legacy financial services on top of something that was created as an alternative to the traditional system.

The rules can be tricky, but social data can add lots of detail that can help prove identity and reduce fraud.