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Regulators globally are using "tech sprints" to test new anti-money-laundering solutions. More can be done, but it's a good start.

Teen debit app raises funds; Amex invests in virtual agent; and other information you need to start your day, from PaymentsSource and around the web.

Flywire is working with Bank of America to streamline cross-border payments for the bank’s higher education and corporate clients, whose foreign transaction traffic is rising along with global commerce.

With simple passwords more vulnerable than ever, a growing number of CUs are deploying multifactor authentication techniques to bolster security.

Mastercard's positioning its effort as a call to action — instead of a mandate — to bring stakeholders together to produce best practices to project data.

Regulatory bodies are making modifications to disclosure requirements with greater frequency, requiring issuers to spend time and money to make updates across what is often a complex mixture of products, communications and channels, says Messagepoint's Fred Harding.

Concerns over banks’ level of preparation have led to worries about disruptions in the lending market, and some financial institutions warn that a new interest rate benchmark could cause lenders to pull back on credit.

The nation's largest private student lender plans to curtail its use of forbearance, a move that could well save some borrowers money but could also result in more defaults.

Big succession moves dominated the industry headlines in the past few weeks, as women claimed key chief leadership titles.

Mastercard has launched two separate initiatives that touch the health care market — blockchain for visibility in food systems and Mastercard Healthcare Solutions to detect fraud and bring efficiencies in health care organizations.