The Latest

Former Mastercard and longtime bank executive Colleen Taylor has joined Wells Fargo, where she will oversee the bank's merchant services strategy.

The London-based retail foreign exchange firm ChangeGroup has acquired the retail branch arm of the Swedish finance group SVEA Ekonomi to serve consumers who continue to demand cash payments.

The Los Alamos, N.M.-based institution said that Dwayne Herrera would take over as CEO after its previous leader took another job.

Mexico is considering a ban on the use of cash for purchasing gasoline and to pay for tolls as a way to fight tax evasion and money laundering, according to people with direct knowledge of the discussions.

The St. Joseph, Mich.-based institution faced claims that it didn't properly opt members in to its overdraft program.

Ambiguity about which laws apply to blockchain technology has prevented certain companies from doing business in the United States.

India has taken a hard line on cryptocurrency, but other blockchain payments innovation is thriving.

The Federal Reserve's monetary policies have exacerbated the wealth gap, making the central bank a vulnerable target for Trump. He’s taking full advantage.

A Fed-led working group may pressure Wall Street to adopt SOFR; challenger banks with smartphone-based accounts soar.

Developers have expanded availability of digital identity and biometrics, but traditional methods are holding strong as most companies still rely on usernames and passwords.