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A letter supposedly sent to U.K. bank customers warns that Barclays debit cards could explode. The letter then urges recipients to mail their cards, along with their PIN codes, to an address in Bangalore. But is this really happening?

Google can’t underestimate the importance of its maiden voyage with Google Wallet and the lessons the company learned in being one of the first to offer payments through cellphones in the U.S.

While layoffs are a regular part of life in much of the workforce, that's not generally the case at credit unions. But analysts say there are multiple factors contributing to that, and it takes a strategy to ensure stability.

The agency says it will act independently of other regulators to release a notice asking for public input on revamping the decades-old law.

Federal Reserve Chairman Jerome Powell said the fundamentals of the U.S. economic expansion look strong and support the case for continued gradual interest rate increases.

An OCC charter for fintechs requires firms to meet a “financial inclusion” standard instead of conventional Community Reinvestment Act requirements. That’s a problem.

The move is important for new banks in states like California, where a small-business lending program requires a three-star rating from the agency.

Lakeland will expand its operations in three counties in its home state of New Jersey with the $57 million acquisition.

The CFPB nominee wins approval from the Senate Banking Committee by a 13-12 vote; the country is looking to borrow $11 billion after Aramco IPO is delayed.

The information you need to start your day, from PaymentsSource and around the Web. Today: Cheddar's Scratch Kitchen suffers a breach; Swift's faster pay makes progress; Apple pushes charitable giving to boost mobile pay; Ripple seeks more e-money licenses.