Banking

The information you need to start your day, from PaymentsSource and around the Web. Today: Air Canada adds Amex to marketing deal; Facebook's work on crypto makes progress; Standard Bank pursues blockchain; One97 expands API access.

Readers weigh in on Democrats' call for more scrutiny of the BB&T-SunTrust merger, changes to the CFPB's payday lending rule, criticism of Square's ILC application and more.

Community banks and credit unions fear a Senate plan and other legislative ideas will nullify steps taken by Fannie Mae and Freddie Mac that have made it easier for smaller institutions to compete.

Aspiration, Wealthfront and SoFi have all begun offering high-yield savings accounts during the past few weeks.

Bank of Marin CEO Russ Colombo is tightening up pricing and terms, citing soaring real estate prices in markets like San Francisco.

American National Bankshares is trying to force the proposed American Bank & Trust to change its name.

Steans, a former LaSalle Bank chairman who also led the financial crisis recapitalization that saved Taylor Capital, died on Tuesday. He was 83.

The FDIC reserve fund is nearing a threshold that will trigger a temporary reprieve on deposit insurance premiums for banks with less than $10 billion of assets.

Victor Karpiak stepped down as CEO of First Financial in 2013 after years of wrangling with a prominent activist investor.

The agency recently proposed gutting the ability-to-pay standard in its small-dollar loan rule, a move that would benefit the payday loan industry and harm consumers.

The companies have teamed up on a product to help banks, especially small ones, give customers more accurate insights into their own financial health.

By applying to become an industrial loan company, the fintech would be able to use insured deposit accounts as a cheap source of funding without having to comply with the tough rules banks face.

Bank’s involvement and complex financing draw ire of Barclay shareholders; banks report financial deceit by those who know seniors.

The information you need to start your day, from PaymentsSource and around the Web. Today: Square's earnings miss; India extends KYC deadline; South Korea pushes PSD2-style reforms; VC funds pour into restaurant technology; N26 expands ot Brazil.

Credit unions in the Cornhusker State are waiting to see whether lawmakers move forward on on a bill that would allow banks the opportunity to block field of membership expansions.

United Community, Synovus, Cadence and others stand to gain lenders and customers even if BB&T flawlessly integrates the $28 billion acquisition.

Tatiana Clouthier, one of the most powerful lawmakers Mexico, is backing a campaign that's spread jitters through financial markets: make the banks charge less.

Hometown, which agreed to buy Millbury Savings Bank, has already completed one acquisition this year and has another pending.

The Seattle company has a letter of intent to sell its home loan centers to Homebridge Financial Services.

With U.S. sanctions in place against Venezuela, banks fear compliance violations; exclusion and cyber attacks the biggest concerns of cash-free society.