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Banks from the North and South are converging on the city, spurred by a spike in deposits and employment numbers that trump national averages.

Because the cost of cross-border payments can substantially bite into profit margins for travel agencies, payments technology provider Ixaris and financial service infrastructure developers Banking Circle are partnering to eliminate that expense with virtual bank account numbers.

Provenance Blockchain, recently spun off from Mike Cagney's Figure Technologies, says it can help lenders trim 70% of mortgage settlement expenses through speedier processing and paperwork reduction.

Vocalink, a Mastercard unit, is partnering with Saudi Payments, a subsidiary of the Saudi Arabian Monetary Authority to launch real-time payments in the kingdom.

The Indiana credit union agreed to pay $21.3 million in cash for New Bancorp, which was created when its savings bank converted to a stock-owned company in 2015.

With the candidates still introducing themselves to voters and honing their message, little has been said about the financial industry.

Thirty-day delinquency rates, a harbinger of future write-offs, also increased at all seven of the largest U.S. card issuers in the first quarter.

Uber’s getting a half billion dollar investment from PayPal at a time when the ride-sharing app is prepping a $100 billion IPO and can least afford speed bumps in its user experience and payment process.

Apple Card has advantages over most banks at the start, but there are things banks can do to fight back, according to Mehmet Sezgin, CEO and founder of myGini.

After the merger is completed, Cedars-Sinai Federal Credit Union's one branch will be relocated.