Banking

Net income climbed 13% as as the Fed's hike improved loan yields and the stock market’s surge boosted returns from PNC’s stake in BlackRock, the world’s largest asset manager.

Record loan originations and the continued accumulation of wealth management assets added up to 12% earnings growth at the San Francisco bank.

Fintech companies can help consumers and small businesses obtain credit at lower costs, but it is critical to ensure that these innovative companies do not harm borrowers with predatory or discriminatory lending practices.

First-quarter revenue at the scandal-plagued bank missed analysts’ estimates as profit fell in the lender’s troubled retail bank and expenses climbed.

The Memphis, Tenn., company also reported an improvement in credit quality during the first quarter.

JPMorgan Chase, Wells Fargo and Citigroup report first quarter earnings; Warren Buffett's company sells shares to stay under 10% ownership but is likely to support directors at annual meeting.

Citigroup Inc. generated the most revenue from fixed-income trading in three years, defying some analysts’ concerns about a slowdown in interest rate and currency activity during the first quarter.

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: Android Pay embeds in bank apps; Transferwise moving some offices because of Brexit; ECB's not ready for blockchain; Ant enters Indonesia.

JPMorgan Chase posted earnings that beat analysts’ estimates, fueled by better-than-expected trading revenue and lending margins.

The 110-page document offers plenty of new details about what went wrong at the megabank but may leave shareholders wanting a truly independent investigation.

Whether donating to worthy causes or recommitting to decades-long partnerships, credit unions are putting their best face forward and showing their communities what the CU difference is all about.

The blockchain-based platform, set to launch later this year, promises to make gold trading around the world faster, more transparent and safer.

In the near future, branch authentication will likely rely more on things like iris scans and palm readers than physical ID cards.

The new CUSO is intended to provide services for credit unions across Southeast Texas.

The risks associated with a megabank collapse still pose huge problems for the industry, despite assurances from the head of the nation’s largest bank.

The move is noteworthy because Delatinne had led customer engagement for Swift’s global payments innovation initiative, with which Ripple’s cross-border payment system competes.

The financial press looks at possible ramifications from Jes Staley's attempt to unmask a whistleblower at the British bank; why has the digital currency failed to live up to eight years of hype?

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: Walmart goes after Amazon; Hong Kong experiments with blockchain; U.K. calls for fintech standards; London holds position as tech hub.

Education Secretary Betsy DeVos on Tuesday rolled back an Obama administration attempt to reform how student loan servicers collect debt.

These execs say they are finding ways to reduce fixed costs in areas such as branching and personnel, offer appealing tech, yet provide in-person services when customers have concerns.