Banking

The Tennessee company will gain access to the Bowling Green, Ky., market as part of the $52 million deal.

Fintechs that simply offer cosmetic upgrades to the cumbersome American banking system won't survive.

The Fed’s injects funds into the repo market for first time in more than a decade; bank trying to partner firms with cash with those with market share.

The information you need to start your day, from PaymentsSource and around the Web. Today: Alipay's part of a mobile app bus; Postmates and the Yankees collaborate on mobile payments; Banks are wary of data sharing; Grab and Heineken partner.

A new registry aims to make it easier for credit unions to set up voice banking capabilities, but it remains to be see if consumer demand is there for this service.

Senate Democrats are warning the Consumer Financial Protection Bureau to be careful as it considers changes to its mortgage underwriting rules.

CEOs have been telling investors that if the Fed continues to cut interest rates, they will lower rates they are paying on deposits to minimize the hit to net interest margins. The danger is that if they lower rates too quickly or by too much, big depositors could go elsewhere.

Regulators have redefined a simplified capital measure for community banks following criticism that their 2018 proposal did not go far enough.

The popular program could go idle next month for the second time in less than a year if lawmakers are unable to approve a $99 million credit subsidy.

First Commerce Credit Union's agreement to buy Citizens Bank brings to 14 the number of deals this year in which a credit union is buying a bank.

A proposal to define wages-on-demand would protect consumers and serve as an example for others.

The company will offer deposit-related services to firms with permits for hemp and CBD.

Private Bancorp of America is the latest bank to report a borrower issue in connection with a high-profile fraud case tied to liquor licenses.

The Spokane-based CU had planned a co-location strategy with a local coffee company. While that deal fell through, the credit union is still looking for another coffee vendor to partner with.

Fifth Third Bancorp becomes the largest bank to switch from state to OCC regulation; former Deutsche CEO named chairman of Man Group.

The association filed a comment letter urging FASB to delay CECL implementation for all banks, while asking a key accounting group to support its effort.

The information you need to start your day, from PaymentsSource and around the Web. Today: Facebook pushes back against Libra critics; HTC adds Bitcoin Cash to blockchain phone; Big banks invest in youth debit card; Ecuador suffers a huge breach.

Melissa Koide, co-founder and CEO of FinRegLab, analyzed loan data from six lenders that use cash-flow data in their underwriting. She shares what she found.

Credit unions are upping their involvement in all things related to payments in an attempt to bolster the bottom line and ensure they keep up with the competition.

The company agreed to buy Tennessee Community Bank Holdings, which has operations just west of Nashville.