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Mobile banking, e-commerce integration, loyalty and rewards schemes and even IoT payments all link to cards. That’s a lot to ask of a back-end system, writes Rune Sorensen, a product manager at Nets.

Nearly 60% of people thinking about switching banks would be open to banking with a big tech company if they ever get that option. Cash incentives or existing savings accounts are big factors in consumer decisions — and things that banks could keep in mind in their efforts to recruit or retain customers.

Republicans on the House Oversight Committee concluded that last year’s massive data breach at Equifax was fully preventable, but stopped short of recommending new laws aimed at averting future hacks. Democrats called the final report a “missed opportunity.”

The Federal Reserve Board chairman told Sen. Elizabeth Warren in a letter that the central bank is actively reviewing the bank's progress in following a February consent order.

Kleiner Perkins and Ribbit Capital led an $80 million funding round in Viva Republica, the South Korean maker of the popular P2P payment app Toss.

Wells Fargo charges students nearly four times as much in fees as banks without college marketing agreements, according to an internal report by the Consumer Financial Protection Bureau.

Community 1st Credit Union now has roughly $150 million in assets and more than 12,000 members after absorbing Generations Credit Union.

The administration’s reported interest in having the White House aide run Fannie Mae and Freddie Mac's regulator signals a focus on constraining the mortgage giants’ role in the housing market.

The National Credit Union Administration will hold its final open board meeting of 2018 this week, amid a host of other regulatory and legislative activity.

ACI Worldwide is the latest to adopt technology from Israel-based BioCatch that monitors shoppers’ behavior to spot irregularities signaling potential fraud.