Banking

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: Apple Pay hits a snag in China; PSD2 births a startup; TerraPay expands in Africa; R3 adds a Middle Eastern bank.

Warren Buffett’s firm buys big stake in retail credit card issuer while dumping shares in its former parent, GE; long-awaited update speeds transactions in the digital currency network.

An analysis of a test shows runtime application self-protection (RASP) successfully defends mobile banking apps targeted by BankBot against overlay attacks, writes Frederik Mennes, manager of the security competence center at Vasco Data Security.

The mishandling of the two former employees’ complaints, detailed in documents and by former OSHA officials, raises questions about the government’s treatment of whistleblowers throughout the financial services industry.

Like many banks its size, CenterState in Florida may need to venture out of state to find a big enough acquisition to make additional compliance costs worthwhile.

Scholarships, shred days, solar energy and more ways credit unions are giving back to the communties they serve.

Payday lenders and arbitration supporters are claiming the CFPB has met more often with consumer groups than industry, laying the groundwork for likely lawsuits on key rules.

Despite rising home prices and a market where many older homeowners are loath to sell, home equity line of credit lending remains muted in all but one corner of the industry: credit unions.

When Apple or Google releases a new version of its operating system, banks are forced to respond by updating their mobile apps—running just to stay in place. Next month's release from Apple is especially challenging.

Collaboration will help make up for cost concerns from adopting the technology and ensure that the core vendors get the message of community banks’ interest.

The credit union cited local supervision and lower regulatory fees as part of its reason to switch to a state charter.

The Florida company will pay nearly $600 million to buy HCBF Holding and Sunshine Bancorp.

Two small banks recently announced plans to ditch their holding companies, but more could be on the way, says KBW CEO Tom Michaud. A big reason why is that regulators haven't gone far enough in "harmonizing their approach" to oversight, he said.

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: Alibaba's fast growth; U.K. fintechs shuffle leadership; BNP Paribas expands invoice technology; RBS issues new bills.

Bank accused of overcharging small-business credit card customers; is digital currency an investment vehicle or just a currency?

Bynum received the Pete Crear Lifetime Achievement Award from the AACUC during its annual convention.

Lenders say they are eager to reduce their exposure to CRE, but an examination of recent deals shows just how hard that can be.

A deal between Pembina County Bankshares and Drayton Bancor would combine two small banks that operate on both sides of the North Dakota-Minnesota border.

The $2.6 trillion-asset bank's recent commitment to digital lending augurs the development of a two-tier market for borrowers who want fast access to cash.

Helping the hungry, assisting young scholars, expanding the credit union's footprint and more.