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Despite increased bank and investor activity around digital P2P payments, consumers haven't flocked to P2P in expected numbers.

The central bank is taking a lead role in trying to combat the longstanding problem. A broad study by the Fed aims to measure the extent of payments fraud and to foster more collaboration in thwarting it.

Before reports of the data breach at Saks Fifth Avenue, Saks OFF 5th, and Lord & Taylor fade from the news cycle, there's one detail that should alarm merchants, card issuers and consumers — and sets a tone for future data breaches.

Are the incentives for protecting card data so lopsided that merchants feel little need to do more? Or is it wrong to ask merchants to fix the faults in a payment card ecosystem they had little hand in creating?

United Community Banks in Georgia tried hiring Lynn Harton in 2006, but he took another job. They kept in touch, and he's now poised to become the company's CEO.

Marlin will originate and sell equipment loans and leases to Varadero Capital in a move that will provide the lender with a new source of funding.

A new cobranded Uber debit card from Green Dot’s GoBank unit gives drivers 3% cash back if they choose PIN entry when filling their tanks at ExxonMobil stations, affirming the persistence of PINs in an increasingly digital payments environment.

First International Bank plans to rename the company Kotapay, while expanding services that include handling direct deposit and credit card processing for financial firms.

The dominant player in manufactured housing lauded the Trump administration's review of construction standards, but other commenters worry the plan will undermine housing quality.

The New York Fed has tapped San Francisco Federal Reserve Bank President John Williams as its next president, concluding a search process that has drawn criticism for being inadequately considerate of candidates with more diverse backgrounds.