The Latest

The video game industry serves a decidedly digital, tech-savvy audience with a propensity toward digital payments, but has been plagued by inconsistencies in payments to developers and a lack of a consistent rewards program for loyal players.

The fintech Robinhood did not contact the Securities Investor Protection Corp. to discuss protection for deposits, according to SIPC CEO Stephen Harbeck.

The financial industry is not expecting movement on a lot of legislation given a divided Congress, but one measure is beginning to attract widespread attention.

TransferGo will use the funding to fuel international expansion and increase market share particularly across Turkey, India, Ukraine and Russia.

Hampton Roads Catholic Federal Credit Union had $5.3 million in assets and about 1,000 members before it merged with ABNB earlier this month.

The North Carolina-based institution distributed more than $624,000 with some members receiving as much as $500.

The alternative is waiting for state and federal regulators to take steps that could disrupt the flow of capital and put some firms out of business.

One week after NCUA filed its own appeal brief, three major organizations banded together in support of the expanded field-of-membership rule

The San Diego bank has agreed to assume $225 million in deposits at no premium from Modern Woodmen of America, which is shuttering MWABank, its direct bank subsidiary.

The information you need to start your day, from PaymentsSource and around the Web. Today: Big banks win payment contracts in Australia; Revolut gets a banking license; Samsung Pay's on wearables in South Africa; Danske Bank gets open; Bitcoin bomb threat.