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: Wells pushes IoT; Transferwise turns profitable; Wipro expands blockchain; Delta teams with Lyft.

Consumer debt breaks the previous mark set back in 2008, but some are worried that people are returning to their profligate ways; Wells Fargo makes greater use of consumer surveys to fix its brand.

Both sides of Wells Fargo's $142 million settlement over its fake-accounts scandal made last-ditch efforts to salvage the class-action pact after a federal judge voiced misgivings about some of its terms.

The post-election rise in business optimism has not yet resulted in stronger demand for loans, if the first quarter was any indication. What does that mean for regional banks?

Attractive demographics, a large supply of startups that appeared built to sell and a surplus of smaller banks struggling with high expenses have combined to make the Mid-Atlantic one of the most active regions for mergers and acquisitions.

Advocates for the cannabis industry took to Capitol Hill on Wednesday to lobby for bank protections that would help legitimize the industry and give it access to financial services.

Some banks seek to dominate the digital-identity business, but they stand to benefit even if their efforts fall short.

Helping students, expanding opportunities for immigrant communities and other ways credit unions are giving back to the communities they serve.

Some believe that increased bank regulation is to blame for overall slower growth in commercial and industrial loans. Yet that assessment misses some important details.

The old record was set just before the Great Recession, and what may be most remarkable is that it took nearly nine years to reach a new milestone.

The accreditaiton period lasts for five years, subject to annual review. This is the fourth reaccreditation for Badger State regulators since 2001.

Fintech still has a ways to go to change the financial world, but it already offers solutions to income insecurity that can be truly transformational right now.

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: What will come out of Google's conference; "Moderation app"; LendUp's financial education; Battle over screen scraping.

Cashing in digital currency for government-backed paper may not be so easy; JPM CEO is taken to task by shareholders for his close ties to President Trump.

Numerated Growth Technologies has a platform that lets banks make lending decisions in as little as five minutes. The spinoff will be run by Dan O'Malley, Eastern's former chief digital officer.

Authorities are said to be investigating whether market makers — including three U.S. banks — suppressed prices to get higher yields on the bonds.

In an extensive interview, Philadelphia Fed President Patrick Harker talks about the challenges facing community banks, the biggest threat to the financial system and the possibility of interest rate hikes later this year.

Steve Allocca is expected to play a key role in the online lender’s efforts to restart loan growth.

Bank of America is giving its "erica" chatbot more time to learn the nuances of language and banking basics. A profanity filter is one recent addition.

Along with asset and membership milestones, the credit union celebrated its 100th anniversary in 2016.