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The first day of CU Direct's annual Drive conference included insights from dealers, executives at online car-buying platforms and more.

The most enlightened regulator or legislator can’t match the dynamic intelligence of billions of market decisions by consumers, merchants, banks, networks and processors, argues Eric Grover, a principal at Intrepid Ventures.

From availability issues to regulatory hurdles and changes in marketing strategies, dealers say there is plenty credit unions can do to improve relations between the two sides.

Banking officials can reasonably disagree on new standards for current expected credit losses, but the accounting body developed the rules over many years and based them on extensive feedback.

The company offers an operating system for financial applications akin to Apple's iOS, and more than 1,000 applications run on it.

A number of credit unions have announced a variety of personnel changes, including new managers to oversee branches.

Royal Bank of Scotland and JPMorgan Chase were also among the five banks that agreed to pay fines for colluding on foreign-exchange trading strategies.

A bill that would have capped payday loan rates at 36% failed to get through committee, but credit unions have pledged to continue to fight for the legislation.

Agency says it will vet Timothy Sloan’s successor; Eric Blankenstein, who came under fire for 2004 racist blogs, to step down.

The information you need to start your day, from PaymentsSource and around the Web. Today: Ticketmaster improves security; Storr draws investors; Mastercard vets smart cities initiatives; Google Pay is fixing navigation for privacy settings.