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Even among the experts in the payments industry, people still use cash. Banks can't ignore this, according to Paul Amisano, senior vice president for enterprise digital and payments strategy at BB&T.

The Merchant Customer Exchange may not have succeeded, but there is still value to the concept that drove the retailer-driven wallet, according to Brian Crist, chief payments counsel at Uber.

Biometrics make sweeping attacks harder to pull off, but fraudsters are finding new ways to target vulnerable groups of customers.

Another regulator has already gone out on its own with an advance notice of proposed rulemaking. But, Powell said, "It’s a process and we’re very much interested in pushing forward.”

The National Credit Union Administration is eyeing a 1.1 percent funding increase for 2019 for a total of $334.8 million

If a merchant seeking to avoid credit card fees turned to cash discounting, it was at least partly because the other option — putting a surcharge on credit card use — was complicated and illegal in many states.

Jefferson Financial Federal Credit Union will gain three locations, along with $138 million in loans, as part of the transaction.

Stripe’s software development kit, application programming interfaces and other recently added features for merchants place it in almost all parts of the payment value chain beyond its e-commerce forte.

Gov. Jerry Brown’s administration sent letters Wednesday to 20 nonbank lenders that charge triple-digit annual percentage rates to try to determine if their use of online referrals is steering borrowers into larger loans than they want or need.

The Committee for Economic Development will honor KeyCorp's Beth Mooney and CIT's Ellen Alemany for fostering diversity at their companies.