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Tim Russi played a key role in the company’s transition away from its once-close relationship on General Motors. He will be succeeded by Doug Timmerman, a 32-year Ally veteran.

Consumers around the world are increasingly accessing banking solely through digital means, according to new global studies by Oracle and the World Bank.

The Waterbury, Conn., company also posted a double-digit gain in net interest income thanks to a 7% increase in commercial loan balances and a widening net interest margin.

Despite its popularity — or perhaps because of it — the cryptocurrency exchange Coinbase has been at the front lines of many of the issues plaguing the cryptocurrency market. Its new e-money license in the U.K. could go a long way to easing some of those pains.

Mobile payments provider iZettle is adding an e-commerce platform that will expand merchants' capabilities to accept payments in-store and online.

Major card brands have been competing to surpass each other with rewards and premium card offerings for decades, but American Express still views the premium card world as one it dominates.

The North Carolina company's efforts to contain expenses made up for a marginal increase in revenue.

This update will be an immense help to the broader payments industry in the ongoing adoption of cloud computing by organizations subject to PCI compliance obligations, writes Dan Stocker, practice director of commercial services for cloud and technology at Coalfire.

Banks struggle to make their websites and apps a destination rather than a utility. Analyst Jacob Jegher offers some ideas for building digital relationships.

The Arkansas company's revenue increased largely due to its 2017 purchase of Stonegate Bank.