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Even though they do not face the immediate prospect of regulation requiring an open-banking policy, American banks should act as if they do.

Judge says he will move quickly on who should head the agency; group allegedly overcharged hundreds of clients.

FCB will pay $88 million in cash and stock for Floridian in a deal that will boost its operations near Miami.

The information you need to start your day, from PaymentsSource and around the Web. Today: Senators grill Uber over breach; PSD2 sets date to end screen scraping; Signs of cash's fade in Europe; Spear phishers get nabbed.

Nearly half of the cardholders in the U.S. have had at least one card reissued in the past year, with those experiencing fraud multiple times saying they have had nearly five cards reissued.

The right platform can detect unusual behaviors and block fraudulent transactions as they occur, while still allowing real customers to make legitimate transactions without interruptions, writes Dave Excell, CTO and co-founder of Featurespace.

A New York banker who mastered the art of buying low and selling high, broke industry norms and learned from his mistakes in commercial real estate, Kanas became a model regional bank builder and a central figure in the post-crisis recovery.

The company agreed to pay $169 million for First Evanston Bancorp in Illinois.

OMB Director Mick Mulvaney said he would "fix" the CFPB by ensuring it protected consumers without cutting off access to financial services. His comments came as a federal judge declined to rule yet on the legality of Mulvaney's appointment.

Citing the dim financial outlook for a business it entered just six years ago, the Wayzata, Minn., company will stop making auto loans on Dec. 1.