Victoria Finkle

Financial institutions and technology companies are working hard to bring location-based advertising to life, but research in psychology suggests those same offers may be draining a limited resource: our willpower.

Barclays unveiled a video featuring David Hasselhoff earlier this month, as the pop-culture icon cheered on a customer shopping with the bank's new U.K. PayTag device.

FlexWage, which provides short-term financing to underbanked consumers, says its products are cheaper and more customer-friendly than the payday loans that regulators are scrutinizing.

Bank partnerships with colleges and universities may not pay off for students, the consumer group said in a report unveiled Wednesday.

The puffy cartoon birds of popular mobile game Angry Birds will soon grace a new line of bank cards in Russia.

American Banker's metro Washington reporters found themselves working above a crime scene on Wednesday, after a PNC bank branch in the same building was robbed.

Prepaid companies have lowered their card fees over the past few years, but now regulators may give the still-fractured industry another push towards simpler prices.

PNC Financial Services is changing its formula for calculating some bonus rewards points, in the latest example of a bank scaling back on perks for card customers.

A conservative polling firm says that the vast majority of voters have heard of Fannie Mae and Freddie Mac. The problem: half think they are broken.

Plans to unify mortgage securities issued by Fannie Mae and Freddie Mac have been top of mind at several events this month, as the mortgage industry works to jumpstart the securities market in the wake of the financial crisis.

Former Salomon Brothers trading star Valerie Thompson used investment banking as the backdrop to her steamy new novel.

About half the consumers using U.S. Bancorp's prepaid card already have a relationship with the bank, according to a prepaid executive there.

U.S. Bancorp is raising some of its overdraft fees to $35 per transaction, in the latest example of banks changing the ways that they charge checking account customers.

RBS Citizens Financial Group is expanding its private student loans business across the contiguous United States, the company announced on Tuesday.

Banks are facing a Wild West atmosphere as they invest in a patchwork of new payments technologies, from prepaid cards to mobile payments, without any guarantees that they will pick the right one.

Some banks are still finding ways to offer incentives for every card swipe, even if traditional debit rewards programs are dead in the water, says the head of Sovereign Bank's cards and payments division.

Financial institutions are going toe-to-toe to capture new customers—and the fight is getting downright dangerous.

The head of Sovereign Bank's cards and payments division describes his recent experiment of going cashless for a day — and where he hit a jam. He spoke at the annual Card Forum and Expo.

Timothy Murphy, MasterCard's chief product officer, said in an interview that the network has "transitioned" from its credit card roots to become a fuller-service payments company.

A laid-off WaMu employee is the author of a Hobbit-like parody featuring dwarf bankers.