The Latest

Very large, established industries like financial services have strongly entrenched ways of doing business that, over time, have become inefficient, writes Mariam Nishanian, a representative for Dentacoin, adding blockchain can change that.

How most banks obtain deposits has changed radically over the past 30 years, thanks in part to innovation. It is time for regulators to rethink their notion of what constitutes a quality deposit portfolio.

Among other initiatives, the credit union has created programs to make in-house career growth a reality and retain staff long-term.

Coastal Federal Credit Union became the first-ever third-party lender for Wake County Habitat for Humanity.

The embattled Smith may lose severance benefits, depending on firm’s probe into data breach; Clayton grilled about why the agency took so long to act after Edgar hack.

Welcome to the PaymentsSource Morning Briefing, delivered daily. The information you need to start your day, including top headlines from PaymentsSource and around the Web. Today: Sonic suffers a data breach; Cryptocurrency miners slow Showtime; ABN Amro supports a 'stream store'; Japan plans a government virtual currency.

Payments’ gradual shift from physical to digital channels is translating into fewer feet on the ground for Bank of America Merchant Services, which recently cut 10% of its workforce, citing changes in its marketing strategy.

International sourcing is stressing businesses that are already too reliant on paper-based payment methods, argues Hyperwallet's Tomas Likar.

There is a greater likelihood of an individual clicking on a piece of malware via a mobile device than a laptop, and this, in turn, provides issues for the amount of single sign on applications, writes Ryan Wilk, vice president of customer success at NuData Security.

Sen. Bob Corker has been a key voice in the housing finance reform debate. His departure at the end of next year puts a deadline of sorts on his efforts to unwind and replace Fannie Mae and Freddie Mac.