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Charter Oak FCU receives lending kudos, Coastal FCU hires two and more.

WASHINGTON — Two top Senate Democrats are calling on financial regulators to better examine the role of financial technology firms and how their activities interact with the existing regulatory structure.

North Carolina's second-biggest community bank agreed to sell itself at a rich premium, signaling that the state has become an attractive market for acquirers. Adding an out-of-state bank could also create opportunities for *locals* to poach business.

The National Credit Union Administration also announced an expected $2.7 million reduction in planned spending for the year.

Of the 10 fintech startups that pitched their wares at startupbootcamp FinTech New York on Wednesday, half plan to sell their software to banks. Only a few vie to take on established players.

The instant popularity of Pokémon Go has taught credit unions important lessons about engaging customers, rewarding them and getting them in branches.

Boston Private Financial Holdings on Thursday reported a lower second- quarter profit amid broader declines in its wealth management business.

Bankers are taking the unusual step of asking the government for additional regulations — ones that can be used to block the Consumer Financial Protection Bureau from seeking more data from financial institutions.

N26, a Berlin startup that offers financial services directly to consumers, said Thursday it's received a German banking license that will let it offer a fuller range of products across Europe.

A certification process can provide participants in smart contracts with greater assurances they won't lose their money (see: the DAO). But in distributed systems, the true test of security comes when software is released into the wild.