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TransferMate, a cross-border B2B payments provider based in Ireland, has announced plans to buy Devisenwerk, a Swiss foreign exchange firm, to expand its capabilities and geographic reach.

A U.S. District judge in Scranton denied the student lender's motion to dismiss the suit.

A former senior staffer at the Federal Deposit Insurance Corp. was found guilty of embezzling confidential information about banks from the agency before she left her post, and could face up to 20 years in prison.

Digit, Chime and Pluto are among those said to be stepping into a void left by the banking industry. But designing helpful enough, yet flexible enough, financial safeguards for consumers is easier said than done.

Along with a core conversion, the Twin Cities-area credit union deployed new loan origination systems and online and mobile banking platforms.

The high-tech and visual user experience is getting set to take hold, giving merchants something to think about, according to Radu Spineanu, co-founder and CEO of Two Tap.

The Global Payments Innovation service now moves 55 percent of Swift's cross-border transactions as it nears its second anniversary.

In the last two years, the Georgia-based institution has returned $25 million to members.

Rich Baich, Wells Fargo's security chief and newly appointed security advisor to the White House, shares attack types he’s worried about and top defenses.

The objectives of a Financial Crimes Enforcement Network rule requiring financial institutions to collect “beneficial ownership” details are laudable, but the regulation can be subverted by unscrupulous customers.