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The Federal Deposit Insurance Corp.’s recent statements encouraging new bank applications are promising, but some barriers to new charters may remain inside the FDIC and we are still waiting for the first de novo of 2016.

Receiving Wide Coverage ...Barclays expands team: Tim Throsby, JPMorgan's global head of equities, is moving toBarclays as head of its corporate and international division and chief executive of its corporate and investment bank. He is the latest JPM executive to join CEO James E. Staley, himself a former JPM veteran, at the British bank. Previous JPMorgan hires include Paul Compton, who was named Barclays group chief operating officer in February, and CS Venkatakrishnan, Barclays' new chief risk officer. Throsby is expected to join Barclays early next year. Wall Street Journal, Financial Times, New York Times

AltaPacific Bancorp in Santa Rosa, Calif., has agreed to buy Commerce Bank of Temecula Valley in Murrieta, Calif.

Like all financial companies PayPal worries about fraudsters, armed with stolen credentials, logging into a legitimate customer's account and using a credit card linked to it.

With the first chip card deadline for ATMs coming up in a few weeks, banks need to quickly gain an upper hand on potential risks. This starts with a more complete understanding of the complex changes at the ATM terminal.

Mobile technology is radically changing the way people hail taxis, book lodging, consume entertainment and find prospective dates, but the same magic isn’t happening with how people spend money.

History is filled with the stories of failed mobile wallets. The few that survive today have found a way to set themselves apart.

Laura Oberst will take over as Wells Fargo's head of business banking at yearend.

Appetize will soon install its point-of-sale platform into more major sports and entertainment venues in California through a partnership with Legends.

E-commerce payment gateway Instamojo is adding digital wallet payment acceptance to its platform, further pushing initiatives to have consumers in India using less cash.