Banking

The information you need to start your day, from PaymentsSource and around the Web: mobile ordering on the golf course; Facebook users take a break; PayPal invests in U.K.'s Monese; and more.

Consultant and behavioral psychologist Wei Ke shares his view on the bank’s plan to offer free trading, and why competitors shouldn’t react too quickly.

Last summer, the Wausau, Wis., bank combined two employee groups to form the ICEBreakers. Its mission is to support outstanding customer service and foster a positive workplace culture.

If Gov. Jerry Brown signs the legislation headed to his desk, it would be the first law of its kind in the U.S. It is designed to allow small-business owners to make comparisons between offers in the often bewildering world of online business lending.

In a report, the watchdog said the economic environment and competition instead have driven trends in small-business lending.

After news of the breach, congressional hearings for the company’s ex-CEO and other blowback were accompanied by legislative calls to action. But a year later, have policymakers done anything?

The milestone for CUNA Mutual Group's consumer-facing brand for life insurance products includes $1 billion issued through online channels.

The Minnesota bank said longtime executive John Elmore will retire in the spring and that it will combine two key departments as a result. It also plans to hire a chief digital officer.

John Gerspach is scheduled to leave next March after 10 years and be succeeded by Mark Mason; ING will pay nearly $900 million for failing to stop money laundering by clients.

The information you need to start your day, from PaymentsSource and around the Web. Today: Amazon Go adds its biggest store; Elavon buys a Virginia fintech; Line Pay gets a major cash boost; and more.

Every year communities are hit by hurricanes, earthquakes, tornadoes and other disasters. These banks have found novel ways to take care of customers and employees in those emergencies.

To keep pace with its peers, Morgan Stanley is ramping up its online offerings in banking and wealth management.

Scott Powell, the CEO of Santander Holdings USA, has spent years contending with a host of regulatory problems. He outlined a long-range vision that includes a branch-focused retail push and possible acquisitions.

The Ohio company agreed to buy TransCounty Title Agency, which has five offices around Columbus.

The OCC required the company to raise more capital and complete a CRA plan. Varo Bank still needs FDIC and Fed approval before opening.

Minal Hasan, a lawyer turned prominent fintech venture capitalist, has strong views on founder dramas, cryptocurrency, and why banks need to step up their technology game.

On Jun. 30, 2018. Dollars in thousands.

On Jun. 30, 2018. Dollars in thousands.

The agencies had proposed revisions designed to make compliance less complex, but banks have expressed concern that the plan could have the opposite effect.

Many community banks lack the historical loss data they need to adopt the new accounting standard, which raises questions about the model’s efficacy for these institutions.