The Latest

Depending whose money they're using, Wells Fargo and JPMorgan Chase either love subprime car loans or fear them.

TowneBank's acquisition of Paragon Commercial Bank would give it access to several North Carolina markets.

After such a period of collective euphoria following the November election, how does the manager of a large institution explain a declining stock price to investors?

KKR & Co. reported first-quarter profit that topped all analyst estimates as payment processor First Data Corp. and other holdings drove gains.

Insiders at regional and community banks have sold $1.4 billion of their own stock since the election; the corporate tax rate changes will hurt then help banks.

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: Shoppers like Amazon Go's concept; Tech firms battle for Canadian 'faster pay' contract; A breach at Chipotle; BoJ governor considers opening to fintechs.

Europe's Payment Services Directive, or PSD2, has almost everything a technology vendor would want. It affects an entire continent, and it involves both sweeping new data requirements and a substantial IT revamp for large financial institutions.

The payments processing and technology giant should add more merchant services and marketing to its Star network to overcome competitive and regulatory pressure, writes Eric Grover, a principal at Intrepid Ventures.

Kate Quinn, one of American Banker's 25 Women to Watch in 2016, was given expanded duties, and consumer banking chief Kent Stone will retire.

PayPal Holdings Inc. Chief Executive Officer Dan Schulman is getting investors to embrace his strategy of converting the online payments platform into a digital wallet, even if it requires deal-making that diminishes profit margins.