Banking

Mid-Southern Bancorp could use proceeds to make more loans or to pursue acquisitions.

Governments are studying ways blockchain can safeguard property records and simplify how they get tracked.

The mastermind behind malware attacks that programmed ATMs to spit out cash on demand and caused more than 1 billion euros ($1.2 billion) of losses has been arrested in Spain.

San Francisco Fed chief is reportedly leading candidate to replace Dudley in New York; four senior officers to retire as OCC readies penalties against the bank.

The information you need to start your day, from PaymentsSource and around the Web. Today: Santander embraces contactless giving; Long Island Blockchain invests in a financial institution; China nudges toward virtual currency; Amex acquires mobile pay firm Cake; Steven Seagal-backed virtual currency faces political heat.

An affiliate of the private-equity firm Angel Oak is packaging bank-issued sub debt to minimize risk for bondholders. It recently completed its first securitization and has plans to issue two deals a year.

Only North Dakota has its own state-owned bank, but policymakers in other states say more public banks are necessary to fully meet society's needs. Among those who proponents say would benefit the most: small-business owners and legal marijuana suppliers and distributors.

Attorney General Jeff Sessions made headlines in January when he tightened federal marijuana enforcement. But the good news for financial institutions looking to service the pot industry is that the rest of the government has responded with a shrug.

A judge in North Carolina granted a request by First Citizens to block KS Bancorp from enacting a shareholder rights plan.

SunTrust's new IT chief preaches collaboration; will CRE securitizations return to haunt?; Amazon here, there and everywhere; and more.

The congressional resolution to overturn the payday regulation comes as acting CFPB Director Mick Mulvaney has already said the agency will reconsider the rule internally.

A new kind of ATM fraud has begun to hit U.S. financial institutions. Here's how to protect your credit union.

A recent acquisition that was highly dilutive, and a lack of suitable mutual targets, could spur HarborOne Bancorp to pursue a second-step conversion.

JPMorgan Chase is said to be dropping its Quorum blockchain technology, and little is happening with other blockchain projects that have been in the works for years. What gives?

Luckily for Amazon, the OCC is no longer “the angry dad on the porch with a shotgun," trying to keep tech companies from hooking up with banks. JPMorgan Chase’s Amber Baldet can pack a room for a lesson on blockchains. And it is the end of catcalls in France.

The banks' Finlabs program is seeking growth-stage firms that could eventually work with several of their business lines.

Extending this functionality into corporate cards has the potential to make the commercial payments process more seamless and secure, writes Russell Bennett, chief technology officer at Fraedom.

The company said it could raise up to $25 million through the initial public offering.

The bank said it won’t do business with clients who sell guns to minors or those who fail background checks; JPM, B of A and Wells now hold nearly one-third of U.S. deposits.

The information you need to start your day, from PaymentsSource and around the Web. Today: Square speeds payments in the U.K.; Saga aims to counter cryptocurrency fears; A group forms to help with PSD2 compliance; Bitcoin scores in New York real estate.