Banking

Millyard Bank is on a course to open by the end of this year.

JPMorgan Chase ends business loan partnership with OnDeck; Truist out to prove it can best the megabanks in tech; Capital One's data breach was bad, but it could've been worse; and more from this week's most-read stories.

The CFPB is giving the public an additional 30 days so consumer groups have more time to respond.

Younger consumers still like to go to the mall. Keeping them there requires a mix of easy payments, financing and shopping in multiple channels, says Nufar Segal, general manager of consumer financing for at Jifiti.

A fintech called NCS Analytics wants to analyze power-use data at cannabis businesses for banks that finance them. It says the information can help expose illegitimate activity.

Loan balances at the end of the second quarter were up by double digits from a year earlier for the Honolulu-based institution.

A Fed team toured an Amazon facility at about the same time Capital One’s data was hacked; House oversight members want answers from the CEOs of the two companies.

The information you need to start your day, from PaymentsSource and around the Web. Today: Digital payments advance in sports; Amazon Dash set to expire; Albania cracks down on tax pay cheats; Facial recognition ATMs expand in Spain; A stablecoin for legal weed.

Most cloud storage systems have gaps that open the door to account takeover, API attacks and other threats, argues Pravin Kothari, founder and CEO of CipherCloud.

Readers react to Capital One's massive data breach and The Bancorp's expansion in CRE securitizations, defend fintechs offering retirement plans and more.

The regulators have yet to complete rules on regional bank supervision, community bank capital and other provisions meant to ease institutions' burden.

The year's second-biggest bank merger created a Midwestern regional with nearly $50 billion in assets, and its CEO and executive vice chairman don't intend to stop there.

The Pittsburgh bank is using software initially developed by a fellow mutual to help build out its platform.

The health care payments market is big – accounting for over one in six dollars of the U.S. GDP – yet it remains perpetually outdated with its heavy reliance on using paper statements for sending out bills.

If your employees are unhappy, your customers will be the first to notice. Showing a little appreciation may be an investment in keeping both.

The FBI is looking into whether Italy’s largest bank was also hacked; about 4.5 million people have already inquired about getting a cash settlement with the credit bureau.

The information you need to start your day, from PaymentsSource and around the Web. Today: Google Pay adds security for UPI in India; Fold offers crypto rewards for mobile pay; U.K. convenience chain deploys checkout-free tech; Singapore bank installs QR code ATMs.

This type of fraud could increase as criminals become more sophisticated and look for new ways to land a payday.

Banks need to find quick wins; enhancements that make the most of their current strengths by maximizing revenues and offsetting rising customer attrition, writes Lars Sandtorv, CEO of MeaWallet.

Dealmaking had been sluggish until mid-July. Factors behind the uptick include uncertainty about both margins and loan growth.