Banking

JPMorgan and Santander show off their uses for the technology; commercial and industrial loans outstanding are rising.

The information you need to start your day, from PaymentsSource and around the Web. Today: Google brings wearable payments to more countries; Selfie pay reaches Kuwait; Bitmain invests in Circle; Use cases emerge for government virtual currency.

KS Bancorp is buying back all the shares that First Citizens acquired in an effort to take over the much smaller bank.

The Massachusetts bank agreed to buy Fabri & Rourke, which focuses on commercial insurance products.

It's too late for Congress to overturn the consumer bureau's regulation on short-term lending, but acting Director Mick Mulvaney will have plenty of chances to reshape it.

The company agreed to buy the parent of First National Bank of Crossett for about $13 million.

Acting CFPB Director Mick Mulvaney has dropped agency plans to crack down on overdraft programs and large marketplace lenders. Here's what else he's changing.

The most common credit union mergers involve a small credit union being acquired by a much larger one, but that could be changing, as three recent deals involving credit unions with more than $300 million in assets as the ones being merged out.

Mark Begor said Wednesday that banks and other customers will receive regular updates on the credit reporting agency’s efforts to improve its cybersecurity in the wake of last year’s massive data breach.

There's no reason that today's millennial-friendly microinvesting apps can't switch focus from spare change to real assets, industry executives warn.

Google's new voice assistant technology may be the best right now at imitating human speech. That makes it a potentially powerful tool for bankers — and for cybercrooks.

Regulatory burden was the dominant theme of a roundtable discussion, but executives are also concerned about their ability to attract skilled workers and they have mixed feelings on how corporate tax cuts are affecting customers' decisions.

Bigger credit unions present a formidable challenge for banks in areas such as business lending.

Silicon Valley Bank expects to receive a banking license from Germany's Federal Financial Supervisory Authority by the end of May and to open its first German location in Frankfurt in the coming weeks.

Women frustrated with limited opportunities for advancement and problems with sexual harassment should consider creating their own financial institutions tailored to the needs of female consumers.

Circle Internet Financial says it is now worth $3 billion following latest funding round; proposed changes would give banks more leeway to make some trades.

The information you need to start your day, from PaymentsSource and around the Web. Today: Banks push Zelle-style app in France; Hackers hit Mexican banks with payment fraud scheme; African payment app draws investors; Singapore hotels support WeChat.

Bank executives say artificial intelligence will create jobs, while analysts say the opposite. Employees are anxious but willing to try to work with it. All agree AI is already making an impact.

Equity warrants. Capital calls. Off-balance-sheet accounts. SVB's unusual business model thrives on financing rainmakers and cutting-edge firms, but old-school issues like overconcentration, unpredictable fee income and stock market swings lurk in the background.

Two credit unions ramp up their facilities management teams, plus board elections and more HR-related news at credit unions across the country.