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Retailers are worried about the online giant’s move into bricks-and-mortar retailing. For example, Amazon's $13.7 billion acquisition of Whole Foods Market Inc. wiped $17 billion off the value of Walmart.

U.S. private equity firm Hellman & Friedman LLC is among the companies to have shown interest in Nets, which is working with a financial adviser to review options after getting inbound interest.

The Santa Rosa, Calif.-based credit union launched its in-house P2P payments service as part of an attempt to "wow" members and dispel the public's notion that credit unions lack the same sophisticated technologies as big banks.

The credit union saw assets grow by 12.6 percent at the end of May, as it climbs ever-closer to the $5 billion-asset mark.

Apple's plans to display a bright blue bar on iPhone screens when an application is monitoring the user's location may feel like a threat to location-based marketing. More likely, it is an overdue wake-up call for banks to improve their communication about the benefits of location data.

New and used auto lending broke records, while HELOCs and second mortgages reached levels not seen since 2012.

From the largest banks to the smallest independents, policymakers want to hear the mortgage industry speak with one voice in the critical efforts to reform the government-sponsored enterprises.

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: PayPal and Sony have a glitch; Screen scraping battle continues; M-Pesa gets an update; Paper checks decline; Fyre Fest faces legal trouble;

Wells Fargo beats out other banks — and by a wide margin — in BrandZ’s ranking of most valuable brands; American bank CEOs make much more than their foreign counterparts.

An influx of metal credit cards continues, with Capital One now encasing its popular Venture travel Visa card in metal, raising new questions about whether the marketing impact of such cards offsets their cost to manufacture—and reissue in the event of a data breach.