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Employers have to find a way to keep associates productive and satisfied while this transition in payments experience is underway, writes Mike Zorn, vice president of Workplace Strategy at WorkJam.

Delaying the rule's effective date or refocusing it on disclosure requirements are among the options for the Consumer Financial Protection Bureau's acting director to ease its impact on the industry.

Nine lenders have been warned by the U.S. that they will be kicked out of a top mortgage program within months unless they find ways to stop costly rapid refinances of veterans' loans.

Additional consolidation would not strengthen the industry, but would instead leave consumers with less choice and reduced access to financial services.

The head of the World Bank compared cryptocurrencies to “Ponzi schemes,” the latest financial voice to raise questions about the legitimacy of digital currencies such as bitcoin.

Rep. Emanuel Cleaver, D-Mo., sent a letter to two virtual currency trade associations on Thursday asking them what their members are doing to prevent hate groups from using cryptocurrencies to finance themselves.

A group has been working with NCUA to charter WeDevelopment Federal Credit Union with the goal of helping Kansas City's low-income African-American community.

S&P lowers the bank’s rating to A-minus following Federal Reserve sanctions on growth; 13 are arrested after alleging defrauding banks of $530 million over seven years.

The information you need to start your day, from PaymentsSource and around the Web. Today: U.K. fintech investment sets record; Ripple expands in China; Venezuela pushes oil cryptocurrency; Google gets pressured on bitcoin ads.

Like similar bans on using credit cards to buy stock and derivatives, banks would rather people use credit cards for other purposes than buying bitcoin, writes Alfred Duncan, a lecturer at the University of Kent.