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The SEC and FASB control the process now, but Congress should give banking regulators a more central role in overseeing the creation of accounting rules.

An “emergency merger” with troubled Progressive Credit Union gives PenFed – already the nation’s third-largest credit union – the ability to welcome any potential member nationwide.

The information you need to start your day, from PaymentsSource and around the Web. Today: Chase is recuriting a blockchain leader; Elavon gets nod from U.K.'s Faster Payments scheme; Abine suffers a breach; Self-driving car deliveries advance in San Francisco.

The accounts — which eschew paper checks and overdraft protection — appeal beyond the low-income customers they were intended for; lenders are embracing artificial intelligence systems to analyze more data to determine creditworthiness.

The payments process isn’t about just checking a box or signing a check anymore; it’s about cultivating genuinely beneficial relationships for all involved that build trust and drive growth, writes Ravi Thakur, senior vice president of business acceleration at Coupa.

Banks, retailers and technology companies have spent years relentlessly working to replace cash with plastic, digital or mobile alternatives. And cash has hit back hard.

Readers respond to Wells Fargo's latest fine, weigh Sen. Elizabeth Warren's potential bid for president, consider how banks are preparing for climate change and more.

The technology does not yet exist, but in the not-too-distant future it could fundamentally transform how many organizations do business.

LendStreet is looking to break the circle of debt that often arises when struggling borrowers try to consolidate what they owe.

Square Inc. named Activision Blizzard Inc. executive Amrita Ahuja as chief financial officer, replacing Sarah Friar, who stepped down from her role as Jack Dorsey’s No. 2 at the digital-payments company last month.