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Biometric payment cards, contactless smart-rings and a virtual marketplace created by Meta are among the latest developments in payments technology.
November 11 -
The ruling means that a lower court's pro-consumer decision cannot be used as a precedent in other litigation. Consumer advocates had hoped the case would make it more difficult for debt buyers in North Carolina to file a large volume of lawsuits, which often lead to default judgments against borrowers.
November 11 -
The company is seeing growth in use of its ExtraCash short-term loans, which are an alternative to overdrafts.
November 11 -
Treasury Secretary Janet Yellen called October's positive inflation report in the U.S. "a good reading," but cautioned against relying too much on one data point.
November 11 -
The crisis sparked by the collapse of Sam Bankman-Fried's FTX crypto empire ensnared BlockFi, a troubled digital-asset lender once worth $3 billion but which has now limited activity on its platform.
November 11 -
Spencer Savings in New Jersey is taking investor Larry Seidman to court, alleging he's conspiring with other customers to convert the bank to stock ownership. Seidman says it's a farce: "I'm in a conspiracy with people I don't know."
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A new debit card for military veterans, Google expands a billing test and more in banking news this week.
November 11 -
Jeff von Gillern, who heads tech and ops at U.S. Bank, will retire in a year. Global CIO Dilip Venkatachari will join the executive committee and Souheil Badran has been hired to run operations.
November 11 -
Wall Street is walking into a new era of risk that has bankers, lawyers and climate campaigners reaching for a different playbook.
November 11 -
Sam Bankman-Fried's digital-asset empire filed for Chapter 11 bankruptcy in Delaware, capping a rapid downfall for the 30-year-old entrepreneur and onetime crypto king.
November 11