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The advanced approach has limited value, eliminating it has no downside risks and regulators have better tools at their disposal.

After two years of getting its footing in the U.S. and South American markets, Poynt is ready to expand into Europe.

Bank of America plans to lift its dividend above a level that Warren Buffett said would compel him to convert preferred shares into the lender's common stock.

Chinese bettors withdrawing money from some ATMs in Macau need to do more than punch in their PIN code. They also have to stare into a camera for six seconds so facial-recognition software can verify their identity and help monitor transactions.

New technological innovations in the banking sector are being rolled out constantly, but many credit unions may be ill-equipped to take advantage of them.

The online small-business lender has also announced the hiring of a new U.S. head of capital markets.

Six biggest banks set to return nearly $100 billion to shareholders; Capital One’s plan approved by Federal Reserve, but with conditions.

Welcome to the PaymentsSource Morning Briefing, delivered daily. The information you need to start your day, including top headlines from PaymentsSource and around the Web. Today: PayPal invests in LendUp; New finger pay pilot; Petya's worse than ransomware; Social payment apps offer plastic cards.

With lawmakers bracing for a major policy undertaking to reform the government-sponsored enterprises, they can take comfort that they don’t need to start from scratch.

More e-commerce and multi-channel merchants are accepting payments from mobile devices, even though they haven't addressed all of the security gaps inherent to the technology.