Banking

The Michigan bank hopes conversational technology can get customers to talk more freely about their financial health.

Because of the Durbin amendment, the once-prized asset has become an albatross. Spinning it off will remove a distraction and let management refocus on business banking.

The Federal Savings Bank has been under a spotlight since it was revealed that it provided $16 million in mortgages to onetime Trump campaign manager Paul Manafort.

Fresh off landing JPMorgan Chase as a client, the digital payments firm is counting on tech veterans Yael Zheng and Vinay Pai to help accelerate its growth through additional partnerships with banks and accounting firms.

World Council officials said CULedger has “successfully demonstrated a working proof of concept around a decentralized digital identification” for call center authentication.

Overseas firms have been subject to nonpublic versions of the Federal Reserve reviews, but observers say some foreign banks may be tripped up by the public version.

Boiling Springs Savings Bank said James Nesci, formerly of TD Bank, will manage its operations and create a strategic plan.

The $350 million acquisition is among the biggest bank mergers announced so far this year.

Agencies are examining regulating cybercurrencies not named bitcoin; is Paul Achleitner to blame for the German bank’s problems?

The information you need to start your day, from PaymentsSource and around the Web. Today: Mastercard pursues another blockchain patent; PSD2's huge global impact; Ride sharing app Pathao launches a digital wallet; A Swift exec joins the U.K.'s Mansion House Consulting.

The Federal Reserve's decision to allow the Territorial Bank of American Samoa access to the U.S. payment system creates only the second public bank in the country, and may pave the way for others in California, New Jersey and elsewhere.

The Birmingham, Ala., company is also looking to bulk up in Atlanta, Houston, Memphis and Knoxville, Tenn.

The group says Mulvaney, who also runs OMB, was not totally forthcoming with the Senate Budget Committee about the foreclosure of a property he owns in South Carolina.

The Boston-area bank will add branches near New Hampshire after buying the cooperative bank.

On Dec. 31, 2017. Dollars in thousands.

The agency’s 2013 guidance is frequently portrayed as either an overdue push to stamp out lending discrimination or a case study in regulatory overreach. In truth, its impact was minimal.

On Dec. 31, 2017. Dollars in thousands.

On Dec. 31, 2017. Dollars in thousands.