Digital payments

Deutsche ousts CEO; Banks battle for retail deposits


Retail banking chief Christian Sewing will become CEO immediately; higher deposit rates could trim lending margins as banks head into earnings season.


Blockchain collective snags big fish: Ripple


Becoming a member Hyperledger fits Ripple’s ideal of allowing different blockchains or distributed ledgers to communicate with each other.


Deregulation seen likely; CFPB, FTC to monitor debt collectors


GOP senators push House colleagues not to change Dodd-Frank rollback bill; agencies respond to consumer complaints about debt collectors.


Regional banks get a boost; Kudlow considered


Smaller bank stocks have outperformed the big banks with the prospect of Dodd-Frank rollbacks; Trump “very strongly” pondering TV analyst for adviser role.


PayPal CEO says cryptocurrencies are just an experiment for now


Speaking at the Economic Club of New York in Manhattan, PayPal Chief Executive Officer Dan Schulman said cryptocurrencies have a very uncertain future.


Mueller indictment says Russians used PayPal to buy Facebook ads


A sophisticated campaign by Russian actors seeking to manipulate the 2016 U.S. presidential election through social media included stealing the identities of Americans and using accounts at PayPal to aid their effort.


Silicon Valley Bank recruits new class for fintech accelerator


Four of the startups are focused on business and consumer bill payments, and a fifth offers student loan repayment assistance as an employee perk.


How to execute a digital strategy to support changing expectations


It’s no secret that financial services organizations are on a digital transformation journey.


MoneyGram pilot is important real-world test for Ripple's payments plan


The San Francisco startup behind the cryptocurrency XRP claims it can send money around the world faster, cheaper and with greater transparency.


Banks tap new source of fee income in helping firms with e-payments


Commercial customers, including small businesses, seem ready to pay up to shift to faster, more sophisticated electronic invoicing and payments, and enterprising banks that provide them the technology to do so could find it lucrative.