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The new Citigold program for affluent customers is more than a product — it is the centerpiece of Citigroup's vision for the future, which will also rely on branch closures and sophisticated apps.

The House voted 231 to 190 on Tuesday to nullify the CFPB's rule banning mandatory arbitration clauses, but the outcome in Senate is unclear.

Ant Financial’s Alipay has formed a partnership with a large Malaysian bank, enabling the bank to advance its own mobile payments services using Alipay’s platform.

Despite the considerable momentum behind contactless technologies such as NFC, the unloved but effective QR code continues to live on. QR's success keeps outweighing its clunkiness, winning more support from companies that might otherwise prefer newer technology.

American Express is giving its card customers an easy way to transact in cryptocurrency.

Irish League of CUs President Brian McCrory formally succeeded Daniel Burns as chair of the World Council of Credit Unions board.

Social Finance’s application for an industrial loan charter has not only drawn opposition from a coalition of incumbent banks and community activists, it also serves as a microcosm of several perennial debates in financial services policy.

Just as pre-crisis success was illusory, so too might be expectations that banks could ever regain that type of profit growth again.

A series of balance sheet moves and a focus on deposit gathering and business lending led to a $157 million profit in the second quarter.

The Michigan company had fewer gains from loan sales. It also reported an increase in noninterest expenses.