The Latest

Indian consumers and businesses would be best served if New Delhi confined itself to discrete interventions to reduce structural barriers to payments competition, rather than imposing price controls, dispensing subsidies and promoting national favorites, says Eric Grover, a principal at Intrepid Ventures.

A number of credit unions showed their communities they cared by raising money for causes, such as supporting veterans and scholarship funds.

The argument that only the federal government is up to the task is misguided.

Hispanics are underserved by mainstream financial institutions, creating an opportunity for credit unions to step in and fill the void.

Noninterest expenses fell 2% to $10.5 billion — almost $100 million lower than the average estimate from analysts.

Investors eye how low rates, flat yield curve will affect bank profits; agency is determining if it has oversight power over Facebook’s planned cryptocurrency.

The information you need to start your day, from PaymentsSource and around the Web. Today: Australian banks suffer payment shutdown; U.K. banks pool resources to combat money laundering; European regulators slow to licnese crypto firms; Mark Cuban takes a swipe at Libra.

Almost two years after the Equifax breach led to a congressional uproar but minimal policy change, the protracted fight to enact data security and privacy reform has a new bogeyman.

The annual summer shopping bonanza will run across two days for the first time, and other retailers are following suit with offers of their own. Here’s how credit unions can capitalize on it.

Merchants outside of China who have the QR code technology to accept Alipay and WeChat Pay are part of a growing trend to serve Chinese tourists who are comfortable paying via their smartphones.