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The company contends a lot of current payments technology is focused on horizontal companies that are designed to easily enable payments, and are operating agnostic to the type of business that requires a payments gateway,

National Credit Union Administration Chairman J. Mark McWatters said dropping Consumer Financial Protection Bureau oversight of credit unions would free up CFPB resources.

With traditional mortgage lending opportunities becoming increasingly scarce, banks in Seattle and Portland are loading up on jumbos, diving into multifamily and reviving dormant bridge loan programs.

A judge has approved the inclusion of new payday lenders in a case seeking relief from the effects of Operation Choke Point, and denied defendants' motion for summary judgment against Advance America.

In a letter to CFPB Director Richard Cordray, NCUA Chairman Mark McWatters said dropping CFPB oversight of credit unions would free up CFPB resources to better police larger, for-profit institutions, while also extending a hand for a potential partnership.

Crane CU recognizes top teller, execs elected to key boards and more CU reps in the news.

Online and mobile banking are essential elements in 21st-century financial services, but there’s more to banking than digital transactions.

Klarna, the Swedish fintech that recently received a banking license, has already inspired a generation of similar fintech competitors.

The new ATMs cut fraud risk by minimizing password-exposure, but it’s unclear whether large numbers of consumers are ready to change five decades of inserting a plastic card to get cash.