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OnDeck Capital reported its fourth consecutive quarterly loss on Thursday as investors bought fewer loans and the firm was forced to make costly adjustments to its business.

Two top executives said the scandal-plagued bank has managed to minimize the financial damage and can continue to grow amid some reforms. Yet they acknowledged that the full toll has yet to be realized, and the company announced it had significantly raised its estimated legal exposure.

The intense focus on sales cultures can be frustrating, but it also presents an opportunity for everyone within a bank to get on the same page about what the institution stands for and is trying to accomplish.

Corelation has signed three new credit unions to its KeyStone platform.

The two institutions announced their plans to merge earlier this year.

Malvern Bancorp in Paoli, Pa., is planning to open a commercial lending office in a new market.

The information you need to start your day, including top headlines from PaymentsSource and around the Web. today: France and Switzerland try to lure fintech companies; a new kind of payment and budget app; Australia plans to expand citizens' data rights.

Bay Banks of Virginia in Kilmarnock has agreed to buy Virginia BanCorp in Petersburg.

The U.S. is the only industrialized nation without mandated paid parental leave, but innovative leave policies are an opportunity to attract and retain employees in a highly competitive industry.

Opus Bank in Irvine, Calif., which reported a third-quarter loss tied to credit issues, has elevated two lending officers to executive-level posts.