Banking

The information you need to start your day, from PaymentsSource and around the Web Today: IBM Watson expands payments in France; Bug bounty discovers weakness at T-Mobile; Chinese city turns to blockchain for municipal payments; U.K. student builds payment device for street performers.

The London interbank offered rate will likely be replaced by a new reference rate that critics say is better suited for the derivatives market than it is for commercial lending.

Bankers to British royalty are not so decorous. Aussies play the (gender) blame game, after AMP fiasco. NYSE's Stacey Cunningham could be standing on a cliff. And, what’s with the men of "Arrested Development"?

The New York company on Friday promoted Wahida Plummer, who was previously in charge of regulatory matters, to chief risk officer and expanded the role of its chief credit officer.

Comprehensive analysis of the banking industry's first big legislative victory since the crisis; lawsuits target banks with websites in violation of the Americans with Disabilities Act; what a homegrown app for millennials has to teach Wells Fargo; and more from this week's most-read stories.

Lenders would have a lighter data-reporting burden, but they may end up deciding to collect the data anyway.

Royal Bank of Canada, CIBC and Toronto-Dominion have the capital to do deals, but they would rather use it to build out new business lines or expand into new markets than buy other banks. Here’s why.

At the CUNA CFO Council conference, credit union professionals shared their strategies for competitive deposit pricing.

The Pennsylvania company agreed to pay $17 million for Community First. It is Emclaire's third bank acquisition deal since early 2016.

CEO Bruce Lee believes a multicharter model, which many other banks have scrapped, gives the Iowa company an edge in smaller markets.

Shari Van Cleave, head of Wells Fargo Digital Labs, says the bank is experimenting with artificial intelligence and augmented reality to create new ways to present data to customers.

Banks can help encourage customers to save more by restructuring their accounts.

Organizers of Scottsdale Community Bank plan to raise a minimum of $16 million.

The information you need to start your day, from PaymentsSource and around the Web. Today: Retailers don't like Mastercard and Visa's buy button; Google Pay adds prepaid options in Japan; Alibaba demos voice ordering for coffee; Australian company plans crypto point of sale; InAuth and ABN Amro push data sharing tech.

President plans to ease regulatory burden on the largest banks; online merchants say a Visa-Mastercard button blocks cheaper payment methods.

Readers celebrate first quarter earnings, weigh in on banks using blockchain, slam a postal banking proposal and more.

A new integration between Blend and Ellie Mae seeks to improve the use and accessibility of electronic mortgage documents, the latest in an ongoing industry effort to create a more simplified and consistent borrower experience.

While industry officials welcomed a bulletin from the Office of the Comptroller of the Currency encouraging banks to develop alternatives to payday loans, they are making no commitments to offer such products.

With President Trump signing the regulatory relief bill into law on Thursday, credit unions expect to see a host of benefits, including changes to MBL regs, HMDA exemptions, changes to the QM rule and more.

The economy has been expanding for nine years, but one credit union economist believes the tide could be about to turn – and soon.