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Apple's plans to display a bright blue bar on iPhone screens when an application is monitoring the user's location may feel like a threat to location-based marketing. More likely, it is an overdue wake-up call for retailers and banks to improve their communication about the benefits of location data.

The move to faster processing has a lot of names, but the most important advancement will be the certainty that the transaction was successfully completed, writes Gene Neyer, head of industry and regulation at Finastra.

The largest banks announced plans to distribute capital back to shareholders after the Fed gave passing grades to everyone following this year’s CCAR stress tests.

Out of the ashes of the fake-accounts fiasco, heads of business lines became more open to change, an executive at the bank’s innovation group said Wednesday.

The brief supporting field of membership expansion — in the face of a lawsuit by the American Bankers Association — is a sign of continued collaboration between CUNA and NAFCU.

Lansing, Mich., is working with area banks to open accounts for people coming out of prison.

All 34 banks passed the Fed’s CCAR stress test, fueling industry calls to dial back the intensity of the stress tests. But many of the changes have already been internalized by banks.

Honoring student achievement, celebrating institutional success, and a friendly face-off between credit unions and banks are all part of the latest round-up of credit union community news.

The Main Street GSE Reform Coalition offered three principles: creating a capital buffer for Fannie and Freddie, continuing with reforms by their regulator and ending the conservatorship that began in 2008.

Credit union in the Great Lakes State saw continued improvement in the first quarter of 2017 as the state added more than 10,000 jobs and unemployment continued to decline.