Banking

The Department of Justice and the Securities and Exchange Commission announced settlements Friday related to alleged misconduct that occurred during Renaud Laplanche’s tenure atop the online lender.

Copying big banks, smaller institutions are pairing with robos to meet changing mass-affluent preferences in long-term investment products.

Perseverance and commitment are two requirements to get more minority bankers into senior leadership positions.

Australians' love for contactless payments is driving the Australia and New Zealand Banking Group to incorporate mobile withdrawal technology to its ATM network.

Watt hearing suggests IG lessened her oversight; those who invest in a publicly traded bitcoin mining company can expect volatility.

Two credit unions are part of a fintech pilot program to help borrowers set aside money to pay down student debt faster.

The information you need to start your day, from PaymentsSource and around the Web. Today: Veem attracts big investors; Fintech vets join RS2 board; Ripple gets regulatory win in Japan; Mozilla complains about Venmo's privacy settings; Uber gets fined over data breach.

Readers parse JPMorgan Chase CEO Jamie Dimon's latest public comments, debate a California small-business lending bill, weigh the impact of open banking and more.

Wells Fargo has numerous mobile banking and card account apps in the works, including Control Tower and Greenhouse, and those will inform its Pay with Wells Fargo project, according to Beverly Anderson, the bank's executive vice president of cards and retail services.

By using the app, which will go live Monday in a pilot program, customers can point their phone at a vehicle and get an augmented reality overlay that provides all its critical info: the make, model and year of the car, as well as its price range and other information.

Few small businesses in Puerto Rico applied for credit to finance recovery from hurricane damage. The reasons are instructive for financial institutions’ response to disaster recovery, the New York Fed says.

An all-virtual future remains far off, as conversational programs still aren’t capturing the nuance of speech and chatbots have disappointed many customers.

Hanmi Financial wants SWNB in Houston to pay a termination fee, citing "material breaches" of covenants tied to their now-defunct merger agreement.

Gerri Sexsion, who has led the credit union since 1997, is set to retire in early 2019.

Colin Walsh, Varo Money's CEO, learned a lot from his first stab at deposit insurance. Lesson one: Work with one regulator at a time.

Paul Yonamine will succeed Catherine Ngo as the company's leader next month. Ngo will continue to run Central Pacific's bank.

The Alabama-based credit union will gain three locations, along with $138 million in loans, as part of a deal with Georgia-based Synovus Financial.

The subprime auto lender Prestige Financial Services used machine learning to make more effective lending decisions than its former model.

In our "On Life" series of videos, top banking executives from the likes of Bank of America, Goldman Sachs and U.S. Bancorp share their favorite way to get exercise.

Trading floor layoffs may be ahead as revenue declines; Goldman Sachs to expand its consumer bank to the U.K.,