Banking

Year to date through Mar. 31, 2018. Dollars in thousands.

Just two months ago, Comptroller Joseph Otting seemed to signal that the OCC might be open to letting national banks rent their charters to payday lenders. Now he is clarifying that it won’t happen.

An OCC initiative to get more banks to make short-term loans that rival those of payday lenders isn't enough of an enticement.

U.S. banks are coming under pressure in pre-market trading as the Mediterranean nation prepares for a fresh election that may become a de facto referendum on its membership in the euro currency union.

A new round of consolidation may be about to begin, starting in Europe; looser corporate underwriting standards and lower rates draw OCC attention.

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.