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The digital currency world is readying itself for more regulatory penalties over the failure to meet Bank Secrecy Act and anti-money-laundering requirements following federal agencies' action against Ripple Labs last month.

Big banks and institutional lenders approved small-business loans at record rates in May, according to data from Biz2Credit.

New Buffalo Savings Bank in Michigan has filed plans to convert from a mutual thrift to a stock-owned institution.

The "Digital Bankers of the Year" for 2015 selected by Bank Technology News are innovators pushing their organizations to better serve customers. Their high-tech efforts range from reaching the underbanked in Africa to helping prospective homebuyers look beyond the "for sale" sign through a mobile app.

Bank of America will close drive-up teller windows at a dozen branches in Nashville and reduce in-store hours at an additional group of branches, The Tennessean reported.

Young Americans Bank, a niche institution in Denver focused on children, has a mission to create good future banking customers, but CEO Richard Martinez says kids today are cautious about credit after watching their parents struggle through the downturn.

Credit unions are bracing themselves for a major storm on Aug. 1. That's when the new RESPA-TILA Integrated Mortgage Disclosures Rule goes into effect, ushering in a complete change to the disclosure forms sent to borrowers as they close their mortgages.

With the onset of the new integrated disclosures rule, mortgage lenders owe it to their companies to make sure that operations folks have the chance to get out to events and workshops that will keep them informed and updated on new industry requirements.

Wirecard AG has added a link to Google's search engine marketing service to its Checkout Portal.

Diebold contacted Wincor Nixdorf about a potential acquisition last week, according to a person familiar with the matter who asked not to be identified because the matter is confidential.