Banking

Updates on fintech in Brazil, China and Britain; Brian Duperreault promises to grow the insurance giant, not break it up.

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: Swiss standardize ATMs; French wallet set for launch; India's response to ransomware; China examines AI for financial regulation.

With new rules in place, experts offer tips on how to be the MVP of MBLs.

The Minnesota company recently announced that it would stop selling auto loans since credit quality concerns have slowed investor demand, but it is unclear whether its plan to keep all its car loans on its books is less risky.

Lakeland Bank in Oak Ridge, N.J., found itself deluged by hundreds of angry tweets and Facebook posts Monday after a former bank executive cited pressure from a top House Republican in her resignation.

Up-to-date operating systems, anti-phishing tools and good backup should keep banks and CUs safe from ransomware. Can your institution check off those boxes?

Up-to-date operating systems, anti-phishing tools and good backup should keep banks safe from ransomware. Can your bank check off those boxes?

Federal regulators are early in the process of deciding whether to broaden credit unions' access to capital markets, but banking lobbyists have seen enough to argue that it would let credit unions skirt business-lending limits.

The city joins a growing list of municipalities that have filed similar lawsuits, just two weeks after the Supreme Court ruled that municipalities have standing to sue lenders under the Fair Housing Act.

The bank is pitching digital identity products to businesses as a way to improve user experience and guard against fraud.

Assisting members of the military, opening long-awaited student-run branches, plotting new HQ facilities and more.

The bank also announced that it has recruited a BancWest executive to replace Michael Descheneaux as CFO.

Restricting banking organizations’ lines of business would hurt their ability to compete in a constantly evolving financial system and to serve as sources of strength.

The company also said it believes there are no regulatory obstacles that will derail its planned acquisition of Astoria Financial.

The value of digital currencies soared past $50 billion, raising concerns of a bubble; B of A plans to introduce AI-powered digital assistant this year.

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: Ransomware hits gas station payments; Swift opens security sharing portal; Yandex's newsletter pay; Monzo halts API;

Cambridge Blockchain, one of many startups applying blockchain technology to customer privacy and data collection issues, is teaming up with LuxTrust to launch a new identity platform.

Wells Fargo may have opened as many as 3.5 million fraudulent accounts in the last 15 years, according to consumers who are trying to beef up a settlement with the bank over abusive sales practices.

The GOP is working on a plan that could extend the Congressional Review Act's reach so that it may overturn certain policies all the way back to 1996.

Construction lending could make a comeback if bankers persuade Congress to reform capital and other complicated rules on so-called high volatility CRE loans. But will regulators go for it?