Banking

Christopher Becker will succeed Michael Vittorio in January.

The bank aims to revitalize with internal promotions; German chancellor will let the country’s two biggest banks work things out themselves.

The information you need to start your day, from PaymentsSource and around the Web. Today: Google Pay hits the rails in India; Patreon changes its fees; EBA builds a registry for PSD2; Avnet supports cryptocurrency payments.

Events at local breweries can be a fun way to educate younger members about getting their first mortgage but credit unions must walk a fine line at such events.

The state's financial regulator says Fast Money Loan charged consumers interest rates and fees above the state's usury cap, and operated unlicensed storefronts.

The House Financial Services panel is considering legislation making it illegal for a federal regulator to penalize a financial institution accepting insured deposits from a legal marijuana business.

The House Financial Services panel is considering legislation making it illegal for a federal regulator to penalize banks that accept FDIC-insured deposits from a legal marijuana business.

More than 20 banks have been sold to credit unions. A prominent banking lawyer made the case at this year's ICBA convention that banks can become more aggressive acquirers.

As part of a settlement with the National Fair Housing Alliance and the American Civil Liberties Union, the social media platform will no longer allow certain advertisers to target users by age, gender or ZIP code.

The credit card network has teamed up with an ICBA unit and the fintech Urban FT to offer a payments services program tailored to community banks trying to keep pace with bigger banks.

Credit unions in those two states also posted double-digit growth in total loans and recorded lower delinquency rates.

AI can help reduce risk, make more loans and find ideal members for credit unions.

Under the recently appointed Director Kathy Kraninger, the bureau has the opportunity to address numerous problems with its collection and presentation of consumer grievances.

As competitive pressures mount for midsize banks, more institutions are likely to follow the lead of BB&T-SunTrust and amass more resources for investing in AI, digital platforms and other cutting-edge technologies.

The deal will give Janney greater access to the community banking sector.

The bank is tying manager pay to inclusive hiring; Cboe Global Markets to stop trading bitcoin futures.

The information you need to start your day, from PaymentsSource and around the Web. Today: Apple and Google Pay make headway in Germany; New payroll fintech debuts; Prepaid cryptocurrency card expands in Europe; A new collaboration offers intallment payments for travel.

A handful of institutions are dipping a toe into a niche lending market that saw sales level off precipitously in the wake of the Great Recession.

Financial institutions that participate in state-administered EBT programs have a unique opportunity to put more money in the pockets of the nation’s neediest by eliminating surcharge fees on their ATMs, writes Kim Bynan, a senior vice president at FIS.