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Elevations Credit Union has agreed to buy the assets of Cache Bank & Trust.

Dwolla is quickly adding to its product line by arranging for clients to connect directly to the payment company's third party collaborators.

The European Central Bank’s key legal official Yves Mersch described Facebook Inc.’s plan for its Libra digital currency as “beguiling but treacherous,” in a defense of money issued by institutions such as his.

Banks have to be more resourceful with technology and less dependent on high interest rates.

The co-head of the bank’s securities division, 55, was once seen as a possible CEO; the institutions are gobbling up small banks at a record pace, prompting pushback from banks.

The information you need to start your day, from PaymentsSource and around the Web. Today: HSBC pushes blockchain B2B; MobiKwik turns profitable; Square offers discounts to woo U.K. businesses; Manny Pacquiao sings for crypto.

Citing insurance concerns, Anchorage-based Credit Union 1 shut down its marijuana-banking pilot program after less than one year. The move reflects lingering hesitation around banking the industry.

Young people prefer transfer apps, but privacy and authentication will need to be improved, says Sonarax's Benny Saban.

Legacy retailers are starting to get serious about checkout-free technology, bringing new insights into the challenges inherent in replacing decades-old traditional checkout layouts at stores.

Consumer Financial Protection Bureau Directors Kathy Kraninger is under pressure to ask a federal judge to lift a stay that has kept the agency's short-term-lending rule from going into effect.