The Latest

Interest rates on CDs of six-months or longer have declined since a Federal Reserve meeting in June, according to Moebs Services.

Mastercard has closed its acquisition of cross-border payments provider Transfast, closing out a deal the card network announced in early March after dropping out of a bidding war with Visa for global payments company Earthport.

The Honolulu-based institution has doubled its loan portfolio over the past five years as its commercial lending has increased.

What Facebook really needs is another heavyweight like Amazon or Google to help spur cryptocurrency competition.

Federal Reserve Chairman Jerome Powell’s job is safe for now, according to Larry Kudlow, top economic adviser to President Donald Trump.

Merchant acquirer Credorax has engaged money transfer company Small World Financial and other partners to cover a broader mix of banking and payment acceptance available to the companies' European clients.

Gone are the days of a traditional career ladders, so credit unions must be willing to adapt to an evolving business landscape and employee expectations.

How the Trump administration can recapitalize Fannie Mae and Freddie Mac while remedying jilted private investors.

“Limited” digital-asset broker spots may be approved; Linda Lacewell’s plans for the New York State Department of Financial Services.

The information you need to start your day, from PaymentsSource and around the Web. Today: India plans new restrictions for external payment companies; British Airways gets a breach fine; 7-Eleven Japan halts mobile pay app after security issue; China may accelerate digital currency to counter Libra.