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The state should overhaul its Department of Business Oversight, but proposals to create a statewide financial protection bureau miss the mark.

Digital coin could be used for purchases across the internet; Berkshire vice chair says he would have let Sloan stay on at Wells.

Two attorneys told a credit union audience the growing wave of marijuana legalization could have just as big an impact on financial institutions that don't serve the cannabis industry as those that do.

The information you need to start your day, from PaymentsSource and around the Web. Today: Facebook pushes crypto; Denver transit teams with Uber for ticketing; Canada and Singapore team on distributed ledger; Simple adds Samsung Pay; Paytm Mall offers auto payments.

The growing sophistication of artificial intelligence is making fraud detection faster and more accurate, which opens up new possibilities for new products and services because of consumer confidence in secure payments, writes Margaret Reid, senior vice president of North America Risk for Visa.

Speculation has been in the air about whether TSYS—one of the last large legacy processors—may be next in a big M&A deal after the pairings of FIS-Worldpay and Fiserv-First Data were announced this year.

Readers respond to JPMorgan's Twitter gaffe, weigh the role banks should play on issues like climate change, consider the impact of artificial intelligence on fair lending and more.

The investments that Rana Yared's team makes in startups help Goldman Sachs in two ways: Besides earning a profit, the company also uses a lot of the technology the startups develop as part of its internal digital transformation.

Synovus converted all 26 of its separately branded community banks to its own name over the past two years — a major undertaking that allowed Jennifer Upshaw, senior director of marketing, to shine.

The Money Anxiety Index, a measure of consumer saving and spending habits, has started rising off a 50-year low. The economist who created it says that means another slump is nearing, and that banks should use the intel in pricing deposits and making other decisions.

Over the past two years, Uma Wilson's strategy took a program that had been losing customers on a year-over-year basis and transformed it into the fastest-growing issuer of Visa cards in the region.

The Office of the Comptroller of the Currency had sought to dismiss the case, but a court ruling suggested that the state regulator’s claim may have merit.

The head of the agency's innovation office said the program will be available only to OCC-regulated institutions.

When a tweet drew backlash from customers and politicians on Monday, it brought into question how banks should couch their messages on social media.

The online small-business lender said it tightened its underwriting standards during the first quarter as credit quality worsened.

The Consumer Financial Protection Bureau proposed steps to ease Home Mortgage Disclosure Act requirements, just days after announcing it was retiring a platform to let users analyze raw mortgage data.

The Capitola, Calif.-based institution reached the milestone a few months after acquiring another credit union.

Credit unions announced a variety of personnel moves and recognition for others, including one employee who helped a member needing medical attention.

The announcement comes after several news reports that Stephen Moore would not back down from his anticipated nomination to serve on the Fed despite growing concerns from Republican senators.

Among his many responsibilities in the newly created role, Brian Doubles will be in charge of expanding Synchrony's direct-to-consumer banking business.