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The holding company structure makes sense for large banks with complex business models and small banks looking to bulk up through acquisitions. But for a large swath of banks in the middle, the benefits are harder to spot.

Discover cardholders and Discover Bank members who own an iPhone X can now use Face ID biometrics to sign onto the Discover mobile app.

Pay by Bank, an app developed in recent months by Mastercard’s Vocalink unit, is expanding as Germany’s Wirecard makes the service available to all of its U.K. merchants.

The idea of consolidating multiple payment cards into one with smart technology has been attempted multiple times in recent years with little success, but a startup called Edge Mobile Payments is giving it a fresh try.

A bull market and investor appetite for bank stocks are spurring more mutuals to consider partial conversions.

Dekalb County Credit Union has just $6 million in assets -- approximately the same amount that Vibrant earned in net income last year.

The move will impact more than 800 credit unions.

As Mastercard, Discover and American Express all plan to drop signature authentication at the point of sale, Visa is largely mum on the topic. But does it really need to weigh in?

Maria Zuber, who oversees research administration and policy at MIT, has been appointed to the board's enterprise risk and corporate governance committees.

Some firms are investing in technology to help insurance clients shift to paperless payment processing.