Banking

The information you need to start your day, from PaymentsSource and around the Web. Today: Hyundai collaborates on car pay tech; Fintechs take another crack at cryptocurrency payments; A fifth of Americans think cash payments will fade fast; Paytm puts a financial inclusion army in the field.

Moody’s lead analyst Fadi Massih shares what he looks for when deciding how to rate banks, including traits that could help them withstand fintech competition.

Venu Krishnamurthy is joining the asset management giant at a time when it is reorganizing itself and tinkering with product offerings to ward off fintechs and other challengers.

Farmers & Merchants Bancorp is looking for a successor for Paul Siebenmorgan, who has been its CEO for nearly 15 years.

A recent wave of high-premium acquisitions, paired with sweeping regulatory reform, is setting the stage for more large-scale M&A.

One credit union analyst said CUs that choose to stay away from legal marijuana banking could be inhibiting their own potential for growth.

At least two cryptocurrency companies, Coinbase and ivyKoin, have talked to federal regulators about obtaining a bank license, but there is skepticism that it will happen. Here's why.

It’s not just weaker underwriting and higher household debt levels that are driving past-due rates to their highest levels in seven years.

A coalition of free-market-oriented groups is calling on Senate Finance Committee Chairman Orrin Hatch to rethink his push for a new tax on credit unions.

Union Bankshares has reached an agreement under which Federal Savings Bank will originate mortgages in its branches.

The agency's bulletin opens the door to banks' making more short-term loans to borrowers with lower credit scores — with few parameters beyond "sound underwriting."

Small and midsize businesses (SMBs) are adapting to digital payments technology at slower speeds and for different reasons than larger enterprises. Cash and checks still account for almost half of all SMB payments, and SMBs have lagged behind other merchants in the U.S. shift to EMV technology.

A major study recently named the $2.5 billion-asset CU the No. 1 performing credit union in California.

Senior executives from Barclays, Bank of America and other big banks urged women to aim high, take chances on challenging jobs and — perhaps most important — provide support to other high-performing female colleagues instead of viewing them as a threat.

With the acquisition Timberland would add $187 million in assets in the Puget Sound area.

The Indiana company agreed to pay $101 million for the $586 million-asset First Security.

The bill heads to President Trump for signing; U.S. banks earned an aggregate $56 billion in the quarter, including a boost from tax reform.

The information you need to start your day, from PaymentsSource and around the Web. Today: Grab develops e-wallet in Malaysia; Argentinian bank expands bitcoin acceptance; Mastercard supports solar energy payments in Africa; Tech group accuses banks of slow walking data sharing.

As alternative apps and fintechs make progress on mobile payments and digital finance, banks will need to turn to third parties and partnerships to stay relevant, writes Paul Wilmore, chief marketing officer of Barclays U.S. consumer business.

The bank found that mixing personal finance management with positive reinforcement allowed it to appeal to younger customers.