Banking

Barclays improves biometrics; Confusion over Libra's regulatory status; and other information you need to start your day, from PaymentsSource and around the web.

A lawsuit filed by a New Jersey branch employee who was fired in 2016 includes detailed allegations about the pressure that front-line workers faced to meet monthly sales targets. The case is scheduled to go to trial in February.

The online lender said it applied insights from its partnership with Fifth Third Bancorp in developing a new digital platform it’s marketing to other large financial services companies.

It is important to understand how bias may be found naturally in your own existing customer base, and how this may affect your inferences, since these naturally need checks and balances to avoid sampling bias, argues Callsign's Stuart Dobbie.

Ana Botin, the Spanish banking giant's chairman, is counting on Santander's new digital platform to help drive expansion in the U.S. and Latin America.

Several proposals in Congress requiring clear disclosures on student loans could help lower defaults.

This is the second time in five years the California-based credit union has issued a giveback, for a total of $38 million.

The deal is Seacoast's third acquisition of a bank with operations in Palm Beach County.

The charter may provide greater confidence for digital currency investors; bank expects to make large-scale job cuts in its global banking and markets unit.

Sams's Club pushes Scan & Go; Tyro Payments plots an IPO; and other information you need to start your day, from PaymentsSource and around the web.

The complexity of solutions leaves a space for outside competitors to gain share, says Token's Todd Clyde.

The once-acquisitive company appears ready to come off the sidelines, but will it be as a buyer or seller?

Axos Bank favors remote access over chatbots, as it connects bankers with online customers in real time.

An Indiana bank is looking to complete the first outright purchase of a credit union since the financial crisis. Though hurdles exist, some industry observers say more such deals are doable.

Consumer demand for digital financial services will inspire a wave of new partnerships.

Five years into Victor Dodig's time as chief executive officer of CIBC, the performance gap between Canada's fifth-largest bank and its peers is as wide as ever.

Billionaire Jack Ma’s Ant Financial Services Group said it may apply for a virtual banking license in Singapore, a move that would add a heavyweight contender to the race.

Delinquencies also remained at "historical low levels" through Sept. 30, according to the state's financial regulator.

The company is reportedly paying bonuses to get retailers to accept its cards; both sides offer different take of rare get-together.

The startup — whose backers include CitiVentures, SVB Capital and Microsoft's venture fund — says it's building an end-to-end platform for small businesses that integrates loans, checking, payments and other services.