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Many companies are postponing product rollouts until the economy improves, but the Samsung Money debit card could be better suited for spending habits during the coronavirus pandemic.

Credit card and debit card spending have improved for several weeks in a row, according to a report from PSCU.

University Bancorp decided to shutter its wholesale mortgage lending business after it struggled to hire and train employees remotely.

Visa’s proposed serialization of the digital dollar will further intensify the debate over privacy issues raised by central bank digital currencies, says Seccurency's Patrick Campos.

Mobile and contactless payments have generated more consumer attention as ways to safely move money during the coronavirus pandemic, but there's also a growing wave of support for The Clearing House's Real Time Payments network for banks.

The company will incur an upfront fee but will save $7 million a year by walking away from a deal with the Los Angeles Football Club.

Bankers have become more uncertain about how to serve marijuana businesses owing to confusion about which states deem them essential.

The National Credit Union Administration has filed a brief in opposition to the American Bankers Association's request that the court consider its challenge of the agency's field-of-membership rule.

Royal Bank of Canada and Bank of Montreal joined their Canadian peers in setting aside record provisions for loan losses as they brace for the economic fallout from the coronavirus pandemic.

Money transfer agent Remitly has launched a cash deposit service for its digital bank account holders on the Green Dot retailer network.