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A definition would give lenders a clearer idea of what practices are off limits; the mutual fund giant will provide the service for institutional clients.

The information you need to start your day, from PaymentsSource and around the Web: Microsoft sunsets older security; Norway's digital wallet; TSA tests biometric ID; and more.

BankMobile will remain part of Customers for at least two years after regulatory snags derailed a plan to transfer the unit to a Florida bank.

In hundreds of cases, the prepaid card program run by the bank allegedly sent users’ funds to fraudsters who had stolen their data. The security lapse has now caught the attention of the Democratic senator.

ODX will pursue deals with banks that want to use the New York lender’s technology to offer online small-business loans.

Shell has launched a new mobile app called Pay & Save, designed as a frictionless complement to the EMV-chip cards it must accept at its pumps by late 2020.

As silos complicate know your customer compliance and onboarding, low-code technology can provide a boost, according to Reetu Khosla, global head of life-cycle management and KYC for Pegasystems.

The consumer bureau’s interim chief told an industry conference that “regulation by enforcement is done.”

Banks looking to build online-only affiliates to turbocharge deposit-gathering can expect intense competition and heightened regulatory scrutiny.

Another look at how credit unions are giving back and making a difference in the lives of consumers who live in the communities they serve.