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The Austin, Texas, bank and fintech says the Federal Reserve has proposed a consent order that would require it to strengthen compliance shortcomings, including anti-money-laundering controls. 

A lawyer says the industry has been on notice at least since the "Boom Boom Room" scandal of the 1980s that hostile workplaces won't be tolerated.

The San Francisco-based technology company says its new product, Porto, will let investors securely trade more than 200 currencies using multilayered approval systems and biometric credentials.

Rep. Maxine Waters, ranking member of the House Financial Services Committee, led the letter, spurred by the recent merger announcement between Capital One and Discover, which the letter said would enable the merged company "to influence multiple points of the marketplace."

Samsung has launched the Galaxy Ring, a wearable device that might support Samsung Pay, while Amazon has received a payment aggregator license in India.

Will AI erase jobs? How can you jumpstart a stagnant career? And what's the latest with real-time transaction processing? The industry's top executives will gather on March 27 and 28 in Hollywood, Florida, to dive into these issues and many others.

The Consumer Financial Protection Bureau needs to do more to enhance security while making it easier for consumers to share data.

Legal and accounting firms accustomed to accepting payments online during the pandemic are moving back to accepting in-person payments, with a modern twist.

Loan volumes fell for the third straight week, with depressed demand for government lending driving activity downward, the Mortgage Bankers Association said.

The top five bank M&A deals had a combined target asset volume of more than $480 billion