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The measures are likely to raise security costs for the German smartphone bank backed by billionaires Peter Thiel and Li Ka-shing.

The effort to delay CECL comes a week after a House panel mounted a bipartisan attack on the new FASB standard.

Payment processors and fintechs are rapidly consolidating in a series of M&A deals, and Canadian payments company Nuvei is making its bet via a $889 million deal to acquire SafeCharge.

Avidia Bank joins the network even as other community banks call on the Fed to create its own real-time payment service to compete.

The parent of Ponce Bank has agreed to acquire Mortgage World Bankers.

While regulation and nonbank competition are spooking some banks and credit unions, others believe low funding costs and the right relationships can help them succeed.

The Apple Card takes a more aggressively digital approach to credit card relationships than most other products on the market — but the technology behind it isn’t exclusive to Apple.

As Democrats keep the heat on the German bank over allegations that it suppressed reporting tied to Trump businesses, the Treasury secretary said he will direct the Financial Crimes Enforcement Network to look into the matter.

Most women who reach the executive level in the payments industry didn’t get there alone. Finding the right mentor, developing a voice and taking positive lessons from negative experiences often are keys to success.

TransferWise Ltd. leapfrogged fintech startups, more than doubling its valuation to $3.5 billion in a fundraising round that pushes back the need for an initial public offering.