The Latest

The bureau should adopt a clear, consistent framework for determining civil money penalties against financial firms.

Montgomery County Employees Federal Credit Union is now operating as SkyPoint Federal Credit Union.

Congressional Democrats issued subpoenas to Deutsche Bank and other banks to obtain long-sought documents indicating whether foreign nations tried to influence U.S. politics.

A mortgage advisor, a chief legal counsel and a vice president of member experience were just some of the appointments credit unions have recently made.

Citi, Goldman, BofA earnings rose despite flat revenues; benchmark would be based on rates set on the American Financial Exchange.

Net interest income at the bank's consumer unit rose nearly 10%. But first quarter could be the last hurrah for that catalyst at BofA and other banks as the Fed pauses its rate-tightening cycle.

The information you need to start your day, from PaymentsSource and around the Web. Today: Standard Chartered expands collections; MoneyGram partners for gig economy payments; Copia Kenya delivers to rural areas; Global Payments and Discover bolster merchant acquiring in Asia.

Mastercard’s real-time incentive marketing initiative is an acknowledgement that requiring consumers to take action to seize a special deal won’t work as well in the mobile age.

Karen Andres at the Center for Financial Services Innovation talks about the financial problems of people over 50 and how banks can help.

Machine-to-machine payments and AI are paving the way for dynamic and rapidly adapting ecosystems, and it’s an exciting time to be in the payments industry. However, with all the transformation, financial institutions and regulators should be aware of the latest developments to adequately shift their strategies, writes Martin Amend, a senior consultant at Capco.