Banking

Linked2pay is expanding a text-based, person-to-person payment service to allow banks to offer it for card and Automated Clearing House payments.

Similar to a bank system merger or migration, a blockchain core conversion project would likely take multiple years and cost tens, if not hundreds, of millions of dollars depending on the size of the bank.

A small New Jersey bank that is a so-called rent-a-charter partner of more than a dozen marketplace lenders has raised millions of dollars from some household names in the venture capital world.

The information you need to start your day, including top headlines from PaymentsSource and around the Web. Today: A bank-led faster pay venture in Japan expands; mobile gets more popular; bitcoin sale in Swiss rail stations; free lawyers for startups.

The founder and president of Anthemis Group gets an early look at all types of fintech innovation. She's noticed that, no matter how different the ideas are, there is one underlying commonality in this sector: it's lacking something profound. Here are some small changes that could make a big difference.

Serial fintech entrepreneur Chris Larsen plans to take a breather. In January, Larsen will hand the reins and the CEO title at Ripple over to Brad Garlinghouse, who is currently the company's president and chief operating officer.

The new cryptocurrency allows users to selectively disclose information about their transactions to authorized parties without exposing it to the world. That feature could make blockchains more appealing to financial institutions, but maybe less so for regulators.

TD Bank Group in Toronto will have a new president and chief executive for its U.S. banking unit next summer.

As more departments reach for a piece of the technology budget, banks need to improve coordination to make sure the money is spent efficiently.

Recipients of the 2016 FinTech Forward awards discuss how evolving technology will reshape banking in the years ahead.

Marva Smalls has gotten comfortable with being uncomfortable throughout her career, and she advises others to do the same, particularly aspiring leaders.

Sun Bancorp’s third-quarter profit declined, as the Mount Laurel, N.J., recorded almost $3 million of one-time gains a year ago. Sun’s expenses, however, continued to improve.

Hitachi Ltd. is introducing a system to protect people from being conned into transferring money from their bank accounts at automated teller machines.

The information you need to start your day, including top headlines from PaymentsSource and around the Web. Today: Alipay's shot to beat Apple and PayPal; new tech to stop an ATM scam; a SIM card for payments; India bank tries sound waves.

Heartland Financial in Dubuque, Iowa, has agreed to buy Founders Bancorp in San Luis Obispo, Calif.

One of the hottest bank technologies is already repeating mistakes of decades past and showing just how far banks have to go to catch up with the times. Here is one easy way to make this emerging tech more appealing to today's customers.

The London-based banking giant has named Vivek Yadav chief administrative officer, and Jeremy Balkin as the new head of innovation.

Can banks outdo online lending startups in head-to-head competition? We're about to find out. Goldman Sachs, Wells Fargo and Quicken have all entered the digital lending business, putting early entrants on the defensive.

As banks grow and their business models become more complex, some find that adding a general counsel to the staff makes sense. Bank SNB in Stillwater, Okla., says hiring one allowed it to reduce its legal fees by 80%. Here are the pros and cons.

Mortgage brokers were among the companies that received the regulator's warning letters, but brokers are not required to report HMDA data — leading many to suspect mini-correspondents, which straddle the line between broker and lender, were the recipients.