Banking

The Cincinnati bank says its investment unit is taking an equity stake in NRT Sightline to provide a wide range of banking and payments services to casino operators.

It's not just big banks. Even U.S. community banks may be subject to the General Data Protection Regulation given the boundlessness of digital commerce.

Leadership challenges, emergency relief donations, scholarship awards and other ways credit unions are giving back.

The online bank will consolidate all of its Charlotte-area employees into a new office tower, but its headquarters will remain in Detroit.

The agency and the National Association of Federally-Insured Credit Unions plan to boost efforts to get more credit unions involved with SBA lending.

With the integration to Payveris’ platform complete, FedComp will turn to enhanced digital payments for its credit union clients.

The Massachusetts company hired banking veteran Mark Thompson, who recently scrapped an effort to buy a struggling bank in Boston, as its bank president.

China’s crackdown on cryptocurrency exchanges raises questions about the future of digital asset innovation, a movement that some bankers view as a threat and others embrace as a boon to payments, P-to-P lending and other activities.

The new business will advise Live Oak clients on how to structure and finance acquisitions.

LendingPoint, which caters to borrowers with damaged credit records, believes that traditional credit scores are overly pessimistic about the likelihood that certain borrowers will repay.

The Oregon bank has expanded the role of its chief credit officer to include oversight of risk management.

A recent failed-bank resolution in Europe may serve as a harbinger of how new authorities could cause problems in the U.S. and highlights the potential need for a modified bankruptcy process.

Welcome to the PaymentsSource Morning Briefing, delivered daily. The information you need to start your day, including top headlines from PaymentsSource and around the Web. Today: AXA uses smart contracts for flight delay payments; FCA issues PSD2 guidance; ING adds comparisons for transfer apps; iZettle draws investment.

The cash acquisition allows First American to expand its operations in Kenosha, Wis.

An internal CFPB memo says it was considering a $10 billion fine before settling on $100 million; state suit against credit bureau is likely to be the first of many.

CU shortens name, makes several changes to branches to improve communication.

Sen. Elizabeth Warren, D-Mass., called for bipartisan action against Equifax during a Senate floor speech on Tuesday, criticizing the credit bureau for waiting several weeks after a massive data breach to reveal it to the public.

While the banking industry is winning over low- and middle-income groups, it is still trying to regain the trust of high earners who were stung during the financial crisis.

The Equifax breach has millions of Americans now thinking about freezing their credit to guard against identity theft. But those who act could be cutting themselves off from the nation's vast credit economy.

The democratic nominee has supported regulatory relief and small business lending for CUs