Banking

N26 will soon add insurance service to go along with its mobile payments, and credit and savings accounts.

The new ATMs cut fraud risk by minimizing password-exposure, but it’s unclear whether large numbers of consumers are ready to change five decades of inserting a plastic card to get cash.

There is too much customer and regulatory inertia for banks’ business model to become irrelevant overnight. The real danger is banks will fade out of the picture over time.

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: Square hires a lobbyist; iZettle preps to go public; Uber's tip feature grows; Air Canada adds more digital pay heft.

Readers this week highlighted the need for banks to upgrade payments systems, debated a small bank’s decision to ditch its legacy core vendor, lamented populist initiatives of the GSEs, and more.

Jerome Powell says it's “now or never” to cut the government’s role in mortgage finance; Justice Department is monitoring eight banks for suspected money laundering.

With traditional mortgage lending opportunities becoming increasingly scarce, banks in Seattle and Portland are loading up on jumbos, diving into multifamily and reviving dormant bridge loan programs.

A judge has approved the inclusion of new payday lenders in a case seeking relief from the effects of Operation Choke Point, and denied defendants' motion for summary judgment against Advance America.

Online and mobile banking are essential elements in 21st-century financial services, but there’s more to banking than digital transactions.

Klarna, the Swedish fintech that recently received a banking license, has already inspired a generation of similar fintech competitors.

The new ATMs cut fraud risk by minimizing password-exposure, but it’s unclear whether large numbers of consumers are ready to change five decades of inserting a plastic card to get cash.

The subprime business lender halted new business and laid off scores of employees after recording higher-than-expected losses.

PwC reports a modest improvement in its gender pay gap. A study finds a big gender pay gap in the U.K’s financial services industry. Plus, female founders speak out about sexual harassment and explain why they kept quiet before.

Green Bancorp has pivoted from the troubled energy-lending market to SBA loans, which are appealing to more small banks because they can be sold at a premium and are getting more support from Washington.

As you'll see from this list, regional banks are doing a better job bolstering their reputations than the big banks are, according to the 2017 American Banker/Reputation Institute Survey of Bank Reputations.

The merger of the U.K. and U.S. payments processors carries both benefits and risks; Duperreault taps Marsh & McLennan veteran.

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: Contactless transit pay advances; Tesco's loyalty goes mobile; Monzo suffers an outage; A new API for U.K. payments.

AutoGravity of Irvine, Calif., has received $30 million in equity financing from VW Credit, according to a source familiar with the matter.

A new report from the American Bankers Association reinforces existing concerns about the ability of U.S. consumers to manage all of their debts.