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Following a two-year pilot, several Sri Lanka banks are rolling out co-branded credit and debit cards connecting LankaPay, the local payments network, with Japan’s JCB brand, extending the cards’ reach to any global merchant or ATM that accepts JCB.

Bank executives at the Most Powerful Women in Banking and Finance gala stressed the importance of male allies in combating gender inequities.

Ripple is collaborating with financial software company Finastra, boosting both companies' reach in the cross-border transaction market.

The social media giant's CEO will likely encounter pushback from members of the Financial Services Committee about the company's plans to launch its own cryptocurrency.

The payments company’s departure from the association leading Facebook’s Libra cryptocurrency plan is the clearest sign that skeptical policymakers are the plan's biggest obstacle.

Large banks are increasingly taking stands on social issues like gun rights and climate change. Some see this as a troubling development.

Credit unions approved just 39.7% of small business loan applications in September, according to the Biz2Credit Small Business Lending Index.

Any entity questioning Libra runs up against the longstanding legal precedent set by private label gift and GPR, and myriad other prepaid account offerings, says payments consultant and researcher Richard Crone.

Small merchants often have to squeeze a hodgepodge of hardware onto their counters to manage government electronic benefit transfers, a distinct niche Novo Dia Group is working to solve with an investment from Square.

Even with the FDIC actively encouraging groups to start banks, challenges like raising capital and low interest rates make it tough.