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As digital wallet strategies begin to fall into place for more large banks, many smaller banks are feeling the pressure to develop apps of their own.

First Hawaiian Bank in Honolulu expects to raise up to $558 million in an initial public offering after its parent BNP Paribas Group decided to spin off the unit rather than sell it.

Digital Asset Holdings has hired a former RBS executive to be its chief financial officer. The hire was one of several new recruits the New York blockchain startup announced Tuesday.

WASHINGTON — Federal bank regulators issued guidelines Tuesday for submissions outlining workplace diversity initiatives.

WASHINGTON — President Barack Obama has signed a housing reform bill that will open the door for welfare recipients to use federal rent vouchers to purchase manufactured homes and become homeowners.

WASHINGTON — State bank associations threw their support behind a regulatory relief bill on Tuesday in hopes the legislation can gain traction in the Senate.

The Federal Deposit Insurance Corp. is raising concerns about potential spillover effects from depressed oil prices even as banks had sounded more optimistic. Tougher capital requirements for energy lenders could be on the horizon.

Barclays threw out security questions for telephone banking access this week and began using voice recognition technology, representing a step in an industry-wide move to eliminate passwords and challenge questions.

WEX Health has launched a benefits card with Fifth Third Bank in Cincinnati, Ohio and employee benefits administrator Chard Snyder to help manage employee health plans.

JPMorgan Chase & Co.’s contract to provide debit cards to inmates released from federal prison may have backfired after a former convict raised a ruckus.