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In the battle to control consumer data, Visa has made a major score by agreeing to acquire Plaid, a technology company that it could have seen grow into a competitor.

In the battle to control consumer data, Visa has made a major score by agreeing to acquire Plaid, a technology company that it could have seen grow into a competitor.

The purchase price is double the fintech's valuation in a 2018 funding round.

Visa Inc. agreed to buy Plaid Inc. in a $5.3 billion deal that seeks to diversify the payments giant by improving access to financial startups.

Despite changes by the Federal Housing Administration, bankers remain reluctant to join the program for fear of legal liability. But that could change if it revamps servicing processes, experts say.

The new Karma Points card donates 10% of revenue to charitable funds established by the company that help people living on the street.

The Providence, R.I., bank said that Rick Suarez would succeed Rob Clarfeld as head of Clarfeld | Citizens Private Wealth.

Paytm Payments Bank has issued over 3 million FASTags for the Indian national highway electronic toll system, making it the largest issuer in the country.

Lower rates and more nonbank competition will make it harder for banks to keep loans on their books as business borrowers have plenty of opportunities to refinance elsewhere.

The latest dividend brings the credit union's member returns to more than $32 million in 23 years.