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The central bank’s refusal to join the OCC and FDIC in revamping the Community Reinvestment Act sends an unmistakable message that their proposal is deeply flawed.

When launching these solutions, it’s imperative that players think carefully about application security, says FIME's Christian Damour.

PNC Bank has made it more difficult for its customers to use Venmo, and although competition plays a role, the bigger issue is the expanding risks financial institutions face when sharing data with third parties.

The community bank lobby has said the recent deals are another reason to rein in the credit union sector. Some House members are beginning to take notice.

PE firms have made investments in only seven banks in 2019, compared with 21 last year. Here's what's driving the slowdown.

The Louisiana company sold $30 million in stock to help fund its purchase of Cheaha Financial Group.

U.K. all-in-one card firm Curve has launched an international no-fee transfer service called Curve Send that supports account-to-account remittances through its mobile app.

Deposit Solutions says lenders can use its platform to acquire customers at little expense.

Credit unions across the country are increasing their charitable giving for the 2019 holiday season.

Sen. Mike Crapo delivers a crushing blow to pot banking efforts; the CFPB draws notice for its lack of fair lending enforcement; Rep. Maxine Waters says she will call on Wells Fargo board to testify next year; and more from this week's most-read stories.

Tokyo-based credit card brand JCB faces a domestic battle to automate Japanese B2B payments that remain mired in old-school cash and paper, while it also tries to grow an international e-commerce network. It's a diverse set of challenges that have led the company to bring on a pair of technology partners.

Industrial Bank CEO Doyle Mitchell has spent countless hours in New York since his bank bought the failed City National in November, meeting with existing customers and plotting his growth plans.

The two agencies have delayed the deadline for the public to respond to a request for information on the rating system used to score banks' overall health.

Renee Ouellette has taken the helm as a permanent successor to UCU's previous CEO, who took a position with a bank earlier this year.

Fiserv has sold a lockbox processing unit to Deluxe, the second such acquisition for Deluxe in as many months.

The San Francisco-based Ripple, which launched in 2012, will use the funding to add personnel to its global organization and enrich its services that power payments using blockchain technology with its XRP platform.

Open banking transactions are not initiated by a consumer but are coming from another financial services company. This could make some fraud detection models in place today obsolete.

Ant Financial, the online finance giant that operates Alipay, said veteran Simon Hu, 49, would become CEO. He will take over the role from Eric Jing, 47, who will remain executive chairman.

Facebook acquired a small video-shopping startup earlier this year to help build a live shopping feature inside the company’s Marketplace product, according to a person familiar with the plans.

Following a merger earlier this fall, McCone County FCU has unveiled its new name.