The Latest

KRACK, combined with other attacks, allows for the reading of pain text username, passwords, credit card numbers as well as the injection of code including ransomware, writes Timothy Crosby, senior security consultant for Spohn.

The CFPB's practice of "regulation by enforcement" forces mortgage companies to develop compliance standards based on the mistakes of their peers, rather than clear guidance from the enforcement agency, said David Motley, the new chairman of the Mortgage Bankers Association.

The ongoing bull market produced more fee income, interest income and new business at the Boston custody bank, which reported a 9% gain in revenue.

Members want loans quick, fast and easy. Northrop Grumman Federal Credit Union has found a way to make that happen

Bank fires four forex traders, while the OCC slams its auto lending practices; United wants to renegotiate its co-branded credit card agreement with JPM.

The information you need to start your day, from PaymentsSource and around the Web. Today: Apple Pay reaches new markets; Alipay finds new partners; Google launches new payment service; Contactless charity payments expand; Shopkick restructures.

Much of the excitement revolves around the development of scaling solutions that may enable Bitcoin, Ethereum, and other blockchains to reach a truly global user base, writes Nick Spanos,founder of the Bitcoin Center.

The biggest innovators in payments aren't necessarily banks, and that's a problem for JPMorgan Chase, which has such a large client base that every startup sees it as a target.

Trading on Friday afternoon pushed the cryptocurrency's market capitalization above $100 billion for the first time ever.

Both banks and fintech are satisfied for now with the CFPB's nonbinding principles on data-sharing. But the statement may lay the groundwork for future regulation.