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Fifth Third Bancorp in Cincinnati has tapped a new chief strategy officer to replace Dan Poston, who will leave the bank to join the payment processor Vantiv.

Graduate business students — some of whom previously worked at traditional financial services companies — have been organizing fintech clubs at universities to explore the dramatic changes in banking and to find potential employers.

With summer recess ending, banking agencies are about to embark on a busy policymaking schedule leading up to the end of the year.

A breakdown of M&A announcements in the financial services industry for the week ended September 5.

Congress will kick off a busy session on Tuesday when lawmakers return from summer break, with a number of key financial services priorities up for consideration.

WASHINGTON – Federal bank regulators said Tuesday that they are taking steps to ease the regulatory burden on community banks by eliminating or revising certain call report line items.

MasterCard Europe is making a major push to increase mobile payments acceptance points and encourage higher value transactions, considered a “tipping point” in the market’s maturation.

Community banks could be vulnerable to increased funding costs, particularly rates tied to retail deposits. Technology, and improved modeling, could help them hold onto more deposits.

Income-based repayment, a federal government effort to relieve student-loan debt burdens, has roiled a normally tranquil securitization market, as investors can no longer be sure of when they'll be repaid.

The world's biggest banks may gain greater flexibility in meeting new crisis rules as the Financial Stability Board adjusts its total loss-absorbing capacity proposal to eliminate bias against decentralized lenders and opportunities for regulatory arbitrage.