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The company will pay $195 million for its first retail operations in the city.

The Treasury’s takeover of Fannie Mae and Freddie Mac left legacy shareholders holding the bag.

The information you need to start your day, from PaymentsSource and around the Web. Today: WeChat adopts facial recognition for payments; CaixaBank will issue environmentally friendly gift cards; Facebook courts external developers for Libra; Paytm adds QR codes for train payments.

CUs can't always offer the same salaries as fintech startups and major corporations, but a host of strategies can help them recruit those candidates and keep them for the long haul.

Processors that rely on cross-border payments to reach new territories are feeling the economic squeeze of the looming Brexit deadline.

Its approach appears to exclude retailers and small business owners––the very commercial market that would stand to benefit the most from Libra’s social mission, says HotNow's Nithinan Boonyawattanapisut.

Though advocates and industry are rarely aligned, they are starting to coalesce around a plan that would call for the elimination of the CFPB’s 43% debt-to-income limit as part of its qualified mortgage rule.

The Cincinnati bank recently expanded its renewable energy banking business to include investment banking services. Its ambitious goals demonstrate the sector’s growing appeal to regional and community banks.

The Independent Community Bankers of America provided seed funding for Teslar Software, which supplies community banks with a platform to manage data from different internal systems.

Two Michigan credit unions were sued by an individual who claimed their websites didn't comply with the Americans with Disabilities Act.