Banking

The financial press opines on the Federal Reserve’s bank stress tests; the FT argues the Financial Choice Act is a “blatant attack” on shareholder rights and reduces bank corporate governance.

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: Barclays examines bitcoin; NACHA standardizes APIs; Kerv gets a pilot; ANZ adds e-commerce expert for IT overhaul.

The following are some of the noteworthy things we heard at American Banker’s Digital Banking 2017 conference held earlier this month in Austin, Texas.

The Canadian bank twice sweetened its bid for PrivateBancorp, raising the stakes. Now it must gain traction in the hypercompetitive Chicago market while hunting for more acquisitions.

ES Bancshares, which recently sold a branch near Poughkeepsie, plans to open second branches in the two boroughs.

Compliance, security and data analytics were the themes at this year’s New York FinTech Innovation Lab demo day.

Host Brett King talks to Bill Barhydt of Abra and Shachar Bialick of Curve.

A dad challenges JPMorgan Chase’s parental leave policy. A shareholder proposal to address the gender pay gap gets shot down at Citigroup. Plus, Cathy Bessant, Yolande Piazza and Elizabeth Warren.

From making meals for hospitalized veterans' families to donating in support of life-saving treatments for kids, credit unions are doing all the right things for all the right reasons.

A headquarters move to Boston, a core system with plenty of headroom and a CEO who admires big acquirers like M&T and the old Banknorth: All the signs are there of an ambitious bank with a plan.

Operational changes may be enticing to investors, but they threaten the very foundation of marketplace lending, potentially shutting out those the burgeoning sector was meant to serve.

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 adds e-commerce tools; Europe moves to real time payments; Payment options expand for legal weed; Digital jumps in India.

Readers weigh in on chatbots, Amazon’s physical footprint expansion plans, alternative credit data and more.

All 34 big banks demonstrate they could survive a severe recession; credit cards emerge as the biggest vulnerability, with a projected $100 billion in losses.

The digital wallet market is expanding quickly, giving banks a chance to cement customer relationships by offering their own apps, writes Mike Lynch, chief strategy officer at InAuth.

IdentityMind Global will offer Confirm.io’s remote document verification technology to its clients.

Millennials already comprise a growing part of the auto market, and they'll gain significant ground by the end of the decade. Is your credit union prepared?

One of the best early bitcoin companies, Blockchain survived a period marked by scandals and shutdowns to become a market leader and attract new investment for expansion.

The CEO of Citi’s innovation group says she and her staff of industry outsiders are driving change within the 215-year-old bank.

The Virginia company told investors that Morgan Davis, its president, will soon succeed founding CEO Robert Aston, who is retiring.