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Community banks and consumer advocates are clashing over a provision in the Senate banking bill on mortgage data reporting, but there’s been little vetting of what the measure would actually do.

The online giant has succeeded in disrupting every area of retail, but in banking it faces a high barrier to entry and fierce determination from banks like Citizens Financial and Bank of the West to keep upping their games.

Roxana Willis was CEO of Battle Creek, Mich.-based School Employees Credit Union from 1991 to 2007. Today the credit union is known as BlueOx CU.

A late addition to regulatory relief legislation would direct the Federal Housing Finance Agency to review credit-scoring alternatives, but some say the provision is redundant.

Credit and debit cards aren't going away, but you're going to see a lot less of them. Here's how credit unions can still stay top of wallet, even as mobile wallets and P2P payments gain ground.

The Senate will resume discussions on S. 2155, while the House focuses on the TAILOR Act and other measures.

On-demand transportation and mobile payments provider Grab has launched Grab Financial, which will serve as its fintech platform.

The merger of the Financial Services Roundtable and The Clearing House Association is likely to bring a more analytical approach to the combined group’s dealings with lawmakers, emphasizing detailed research over simplified talking points.

China’s Ant Financial, which already has a large stake in India’s Paytm and operates its own Alipay wallet in China, is taking a 45% stake in Pakistan’s Telenor Microfinance Bank (TMB).

Spotting an opportunity to help mobile network operators in the Asia Pacific region extend payments through emerging technology, Mastercard has rolled out a package of technology services to encourage product development.