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Third-party applications will soon able to access Siri's program interface with the upcoming iPhone 7, but the implications for mobile banking apps are still unclear.

United Roosevelt Savings Bank in Carteret, N.J., has agreed to buy Wawel Financial Services in Garfield, N.J.

Nets Holding A/S, a Nordic payments firm owned by equity funds Advent International Corporation and Bain Capital Private Equity, as well as Danish pension fund ATP, announced it is preparing for an initial public offering.

Madison, Wis.-based University of Wisconsin (UW) Credit Union on Wednesday said it has entered into a multi-year partnership with the University of Wisconsin-La Crosse.

The suggestion that any area has too many local institutions dismisses the importance of community banks and overlooks the dangerous effects of consolidation.

Receiving Wide Coverage ...Call for consolidation: Deutsche Bank CEO John Cryan called for more consolidation in the profit-challenged European banking industry, just after a German magazine reported the bank had considered amd rejected a bid for rival Commerzbank. "It is undeniable that Europe's banks are stuck in a fundamental dilemma," he said in remarks prepared for delivery at a conference in Frankfurt. "We have become significantly more secure since the financial crisis. We maintain more capital and liquidity with fewer risks in our balance sheets. However, we are also far less profitable today." Cryan said the European Central Bank's below-zero-rate monetary policy has made it hard for banks to make money.

CHICAGO -- Ask a group of consumers what's keeping them from using a mobile wallet and more than half will say it's not safe to do so.

Approximately 37 million adults in the United States — a number roughly equivalent to the population of California — do not have a checking account. Some of those individuals have never relied on traditional banking.

Amazon.com and Wells Fargo on Wednesday ended their partnership to offer college students a discount on private student loans, quickly abandoning what the bank lauded just six weeks ago as a "tremendous opportunity."

The 2016 general election is still more than two months away, but analysts are already speculating on how the compliance landscape might be impacted should Hilary Clinton or Donald Trump take the White House.