The Latest

In a post-Equifax world, independent sales organizations, acquirers and payment processors are under much more scrutiny over merchant account applications and underwriting.

Credit Union Trust is targeting a Q1 2019 opening, pending regulatory approval.

The cryptocurrency-focused merchant bank Galaxy Digital, led by a former Goldman Sachs partner, will start trading on a Toronto exchange this week. Its journey is a cautionary tale in regulatory risk.

Banks should continually try out new technologies, even after failed experiments.

For the millions of consumers who file auto insurance claims every year, many of whom use digital tools such as mobile apps to submit them, the process grinds to a halt when it comes time to receive their payment.

As smaller screens and internet-of-things devices become more prominent, credit providers will have to find a way to accept personal information without the convenience of a terminal and keyboard.

American Express Co. defended its prices for currency conversions after a report said employees boosted rates for some business customers without notifying them.

Fannie Mae and Freddie Mac remain in conservatorship nearly a decade after the financial crisis, and there’s still no end in sight.

The information you need to start your day, from PaymentsSource and around the Web. Today: Chinese E-commerce challenger Pinduoduo scores a huge IPO; Moviepass runs out of money; Japanese printing company launches a payments project; SafeWallet offers cryptogifts.

The former SoFi CEO raises funds for his new venture despite recent admissions about dating employees; female employee says Mel Watt harassed her.