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Iowa lawmakers are considering a bill that would lower taxes for banks and impose a franchise tax on credit unions. The move could be a bellwether for other states looking at similar measures.

A better camera should mean more accurate facial recognition. Will it spur more banks to embrace the technology?

The rise of online and mobile commerce is forcing merchants to rapidly re-engineer their checkout options, while keeping an eye on emerging models that leverage artificial intelligence to streamline shopping — or bypass the store checkout process altogether, like Amazon Go.

Kathleen Henry and Steven Antonakes have been named to the bank's management committee.

As Congress considers new rules for digital currencies, lawmakers should consider putting responsibility in the hands of the Treasury Department, given its role in handling traditional currency.

JPMorgan Chase just weighed in again on virtual currencies — very discreetly.

A recent report from the agency settles a long-running debate about whether bankruptcy should replace Dodd-Frank’s “orderly liquidation authority.” The financial system needs both.

The information you need to start your day, from PaymentsSource and around the Web. Today: Walmart starts a new delivery service; Pinterest hires former Square data expert; Visa expands wearable payments; Mastercard works on in-car payments.

Powell says he backs raising the SIFI threshold and easing capital requirements for big banks; Mulvaney says agency will weigh costs of compliance for lenders.

Limited data on fraud is a widely recognized issue and it was decided that incorporation into PSD2 was the most appropriate way to enforce a requirement, writes Matthew Attwell of The ai Corporation.