Banking

The information you need to start your day, from PaymentsSource and around the Web. Today: Alan Greenspan weighs in on bitcoin; Saxo's wild bitcoin prediction; Patreon changes its fees; U.K. researchers find another password vulnerability; Credit union blockchain group hires former Mastercard exec.

Fed's supervision chief wants more openness on bank stress tests; cybercurrency jumps 40% in 40 hours, climbing past $19,000.

Card usage drops off fast after a false positive. In many cases, two false positives cause consumers to abandon a card permanently.

It’s only early December, but bank CEOs’ comments this week about tax reform, their thirst for deposits, consumer lending initiatives, and challenges in commercial lending offer a sneak peek at what’s coming when earnings season begins next month.

Farmer Mac has terminated President and CEO Timothy Buzby for violating company policies not related to its financial and business performance.

The company has been working to address an informal agreement with regulators tied to Bank Secrecy Act compliance.

The fires are raging in Los Angeles and Ventura counties, prompting California's governor to declare a state of emergency.

As some lenders exit indirect auto lending, those that stick around have an opportunity to control pricing and reach more customers.

The Delaware bank will process payments and provide debit card sponsorship services for SoFi Money, which is set to debut next year.

HSBC Bank is joining the Massachusetts Institute of Technology’s Industrial Liaison Program as part of a broader effort to invest more in technology, data and analytics.

Jon Zanoff, managing director of Barclays New York Accelerator, has been coaching fintech startups for decades. He offers tips on how to make it as a fintech startup and run an effective accelerator.

Dennis Zember, Ameris' chief operating officer, was named CEO of the company's bank. Edwin Hortman Jr. will continue to run Ameris.

Bank of America is launching several upgrades to its mobile app meant to make the product more fun and essential to customers' daily lives. It is also expanding digital-only branches through which customers communicate with staff by video.

Digital currency surges past both $12,000 and $13,000 on Wednesday; the bank may make it back quickly, depending on the corporate income tax rate.

The information you need to start your day, from PaymentsSource and around the Web. Today: Travelers from China get more payments tech; Brave adds new content payments; Revolut adds support for more cyrptocurrencies; EMV matures.

PNC's new consumer lending platform will be marketed on a national scale.

The $32 million purchase of Sunshine Financial will provide First Bancshares with its first branches in Tallahassee, Fla.

On Sep. 30, 2017. Dollars in thousands.

On Sep. 30, 2017. Dollars in thousands.

Bigger rivals are making inroads into small banks' bread-and-butter business line, yet the leaders of three community banks say they just need to keep doing what they do best — personal service — but work harder at it and incorporate new technology.