Banking

The information you need to start your day, from PaymentsSource and around the Web. Today: Net neutrality may end soon; Benjamin Lawsky joins Ripple's board; Digital currency enters Zimbabwe; Boku's IPO; 'Mai' scammer victimizes iPhone buyer.

The digital-currency startup, which markets software to banks, appears keen to signal that it wants to play by the rules.

The British banking giant has been testing its new online lending platform with a handful of its U.S. customers and plans to roll it out in full force next year. It's all part of a broader effort to expand its U.S. consumer business beyond credit cards.

The Consumer Financial Protection Bureau on Tuesday ordered Citibank to pay $6.5 million in consumer relief and penalties for student loan servicing failures.

The Michigan company, which lost more than $1.4 billion in the aftermath of the financial crisis, is trying to become more of a commercial lender. Its recent agreement to buy a deposit-rich franchise in California could help it get there.

Brett Pitts joins from Wells Fargo, where he most recently was executive vice president and group head of digital.

It was mostly good news for banks in the Federal Deposit Insurance Corp.'s Quarterly Banking Profile, with higher earnings and net interest margins. But there were concerns as well, including slower loan and deposit growth.

On Jun. 30, 2017. Dollars in thousands.

On Jun. 30, 2017. Dollars in thousands.

Tech startups differ from a bank’s typical commercial clients; many want a trusted financial adviser.

CapStar claims Gaylon Lawrence violated the Change in Bank Control Act by building a 10% stake without prior Fed approval. The company says it's convinced Lawrence's long-term plan includes a hostile takeover.

Mike Warriner joins the bank with a focus on setting its digital platform strategy.

A U.S. alcohol maker's $191 million investment in Canadian cannabis could raise difficult questions for the banks that have lent big sums of money to the company.

The agency's Quarterly Banking Profile said banks earned $47.9 billion in the third quarter, helped by a 7.4% increase in net interest income from the previous year.

Blue Lion Capital believes a heavy focus on mortgages and acquisitions is hurting HomeStreet's financial performance.

Legislation and regulatory policy that takes a heavy-handed view of overdraft protection could remove a safe and convenient option for consumers managing their finances.

The incident will fuel the debate on Wall Street over whether digital coins are secure enough to enter the mainstream of finance.

Guidance focuses on five key traits, including overseeing risk profiles; a former Congressional aide says agency must be accountable.

The information you need to start your day, from PaymentsSource and around the Web. Today: American Express is ending support for Jawbone's smartwatch payments; Cash is still strong; CBA tightens ATM controls to mitigate money laundering; Indian group works on smart contracts.

A U.S. alcohol maker's $191 million investment in Canadian cannabis could raise difficult questions for the banks that have lent big sums of money to the company.