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Bank of Austin still needs approval from the Federal Deposit Insurance Corp., though organizers remain hopeful it can open this summer.

The Office of the Comptroller of the Currency’s fintech charter could provide a workaround to a Dodd-Frank Act provision that slashed preemption for operating subsidiaries.

The acquirer of the failed Guaranty Bank took a pass on the latter’s 107 in-store branches, leading to their shutdown and a disruption in service for many low-income customers.

Alipay's big partnership with First Data will extend its merchant base, but travelers from China will benefit before U.S. consumers.

Repealing or modifying regulators’ authority to take over failing banks may actually increase the risk of taxpayer-funded bailouts, said former Federal Reserve Board Gov. Daniel Tarullo.

Banks and credit unions are often pressured to compete with third party mobile wallets to protect their brands. But it's unclear if that strategy is helpful in attracting consumers.

Despite major fanfare about new challenger institutions or digital-only bank brands, technology and revenue difficulties are among the factors threatening their ability to adapt and grow.

Consumers with a Mastercard, Visa or Union Pay card will use the mobile Standardized QR Code app to scan merchant-presented QR codes.

JPMorgan Chase will give its Sapphire credit card customers 100,000 rewards points for closing home-purchase loans with the bank.

A range of backgrounds provides different perspectives on problems, according to executives at the Most Influential Women in Payments panel at SourceMedia's Card Forum.