Banking

The information you need to start your day, from PaymentsSource and around the Web: Monday's crypto crash; Plastiq's latest funding; Amazon adds Skype; and more.

Efforts to create city- or state-owned banks in Los Angeles, Seattle and New Jersey have suffered setbacks of late, but public banking advocates are taking the long view.

Lenders fear the agency's rule could make most poultry producers ineligible for 7(a) loans.

Wescom Credit Union members needed help accessing account and routing numbers – information easily found on checks. But with fewer members using checks these days, the CU needed a new way to help members get that info.

The move allows the Michigan credit union to expand its operations in Illinois and southern Wisconsin.

This is Advia CU's third bank purchase in three years, following deals in Indiana and Wisconsin.

On Jun. 30, 2018. Dollars in thousands.

On Jun. 30, 2018. Dollars in thousands.

On Jun. 30, 2018. Dollars in thousands.

The lender is working with the fintech Biz2Credit to offer both secured and unsecured digital loans.

CUs in Kansas, Missouri, Texas and Florida have joined the Kansas City-area credit union service organization.

As issuers make rewards more personalized and proactive, a balance between savvy and privacy must be maintained, according to Kevin Grieve, North America payments lead for Accenture.

A credit-builder loan at Virginia-based The Partnership Federal Credit Union wasn't meeting the needs of as many members as it could. Here's how the CU fixed that problem.

The agency's mortgage insurance fund has big potential shortfall; Howard Wilkinson can tell U.S. regulators and law enforcement agencies what he knows.

The information you need to start your day, from PaymentsSource and around the Web: Alipay HK boards Hong Kong transit; high-level shade for bitcoin; Copenhagen's fintech hub; and more.

The past month was a busy one for community banks with expansion on the agenda and millions to spend.

Moelis submits a revised Fannie/Freddie blueprint; FASB considering a plan to have banks break out charge-offs and recoveries on year-by-year basis; Wells Fargo layoffs begin with 1,000 jobs in mortgage and tech; and more from this week's most-read stories.

Adults ages 18 to 29 may have a hard time getting a mortgage, but they are not shying away from other forms of consumer debt, according to a report by the New York Fed.

As regulators get set to unveil a new capital ratio for community banks, FDIC Chairman Jelena McWilliams said she wants to go even further to simplify the capital regime.

Silvergate is selling the branch to focus more on fintech deposits and specialty lending.