Banking

South Korea cool to central bank crypto; U.K. buses adopt mobile payments; and other information you need to start your day, from PaymentsSource and around the web.

Taking a page from fintech competitors, banks have worked to enrich the small-business app experience.

The parent of Silicon Valley Bank is as bullish as Citi on the growth potential in China, despite the trade war. SVB's focus on early-stage startups is boosting its profits from Asia.

The company is under law enforcement scrutiny for loans that helped propel a boom and bust in the taxi medallion market in New York City.

The San Antonio company said it withstood rate pressures because it has been ahead of the game in deposit pricing over the last two years.

The case — the card issuer's third in six years — is an example of the legal peril that banks and other companies continue to face over the use of automated phone calls for debt collection and other purposes.

Cybersecurity Awareness Month is at an end, but the issues dogging credit unions aren't going anywhere.

Digit is applying its automated-savings techniques to the growing problem of student loan debt.

Issuance of securities backed by the ostensible Libor replacement hit by money market turmoil; Jho Low will surrender luxury assets.

Currencycloud plans a multicurrency feature; Jack Dorsey invests in crypto startup; and other information you need to start your day, from PaymentsSource and around the web.

Bank and other lenders are said to have poured hundreds of billions of dollars into financing private-equity firms and their investment deals in recent years. Defaults have been low, but an economic slowdown could put these relationships to the test.

Mark Zandi of Moody's and Barrett Burns of VantageScore Solutions sit down to discuss consumer credit behavior, recession indicators and the big secret about private capital and mortgage markets. A Consumer Credit Podcast

Mark Zandi of Moody's and Barrett Burns of VantageScore Solutions sit down to discuss consumer credit behavior, recession indicators and the big secret about private capital and mortgage markets. A Consumer Credit Podcast

A remark by Director Kathy Kraninger during a congressional hearing has renewed a fierce debate over how the agency uses academic studies to support rulemakings.

Shares in the lender fell after it reported lower third-quarter profits, said nonperforming assets rose and cautioned that it had lost multifamily loan deals to competitors offering easier terms.

The National Credit Union Administration board member is requesting comment on a proposal to create new consumer compliance measures for "large, complex credit unions."

The credit they received in the third quarter is helping to soften the blow from falling net interest margins and weakening loan demand.

Nearly two dozen Senate Democrats say the CFPB should "immediately" open up an enforcement investigation into the Pennsylvania Higher Education Assistance Agency’s loan forgiveness program for alleged mismanagement.

A special committee in the state Senate has recommended not to move forward on a proposed bill to tax credit unions above a certain asset threshold.