Banking

Barclays could lose its U.K. banking license if it fails to refute fraud charges and some question whether the Fed's order against Wells Fargo will impact other bank boards.

The information you need to start your day, from PaymentsSource and around the Web. Today: Yapstone raises funds; Governments suggest they won't protect cryptocurrency fraud victims; Hack in Italy; Ripple's network gets larger; Hong Kong banks dig QR codes.

The FS-ISAC hopes banks and data aggregators will adopt the updated standard for sharing customer account data.

To bypass the customer in setting up millions of phony card accounts, Wells Fargo employees took advantage of the bank’s continuing reliance on single factor authentication, writes Patrick Cox, CEO of TRUSTID.

HopFed was ordered to pay the legal fees for Stilwell Group, which sued the bank after its directors passed a bylaw intended to keep the investor off its board.

In what could be seen as a mea culpa for CEO Jamie Dimon's disparagement of bitcoin five months ago, the Wall Street megabank has released a big and relatively bullish report on cryptocurrencies.

Early adopters of The Clearing House’s Real Time Payments network have built gateways and accelerated fraud detection systems.

Early adopters of The Clearing House’s Real Time Payments network have built gateways and accelerated fraud detection systems.

The company must develop and implement a system of internal controls to ensure full Bank Secrecy Act and anti-money-laundering compliance.

Year to date Sep. 30, 2017. Dollars in thousands.

As the economy strengthens, more banks are facing pressure to pay up for the best lenders and tech specialists.

Wells Fargo’s troubles show that the bank needs to rebuild trust with consumers and the diverse neighborhoods where it operates in order to succeed.

The California company has agreed to buy Grandpoint Capital, a business bank in Los Angeles, for $641 million.

Bank makes errors in refund program; credit bureau now says tax IDs, email addresses and driver’s license were compromised in last year’s hack.

The information you need to start your day, from PaymentsSource and around the Web. Today: Automation emerges for school payments; European banks back guide for open banking; Razer halts gaming bonus program; NCR intros new ATMs in India.

U.S. consumers are borrowing more than ever to buy homes and cars, pay for college and even finance every day purchases. Is it a display of confidence in the U.S. economy or are many households living far beyond their means?

Darryl White sees an opportunity for Bank of Montreal to take more market share in the United States, and he’s betting on investments in mortgage lending, commercial banking and capital markets to get there.

Cambridge Bancorp in Massachusetts is looking to prove to entrepreneurs that it is in the business for the long haul.

ATM jackpotting is a crime in which technology is manipulated to get the machine to dispense all the money it has. Unlike most cyber crime, it requires physical access, which increases the chances of getting caught.

For many newcomers to the U.S., establishing credit is a big challenge. A handful of entrepreneurs are developing tools to help verify their financial histories.