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By using biometrics, merchants can tie user identity to the actual consumer, a better option than EMV chip cards.

The growing number of Chinese consumers traveling to the U.S. and other countries is becoming a two-for-one opportunity for payment companies. The market's gigantic and growing — and it has a lot of trouble executing transactions.

The San Francisco online lender reported a $32 million loss in the fourth quarter, which brought red ink for the full year to $146 million.

The bank and one of its investors are planning a sale of common stock that could help fund growth initiatives.

Columbia Credit Union promotes three to the C level and other new hires, promotions, honors and awards.

PayPal has agreed to acquire TIO Networks, a Canadian company that sells software that powers bill payment processing, particularly for underbanked consumers.

Lisa Oliver, who will also become the bank's president, previously ran the business banking division at KeyBank.

More and more banks are using advanced geographic information systems to help make decisions around branch consolidation, lending in low-income communities, monitoring fraud and even deploying talent.

Credit unions that scored well in MagnifyMoney's Mobile Bank App Study reveal the secret sauce for boosting mobile banking usage.

Not every bank could simultaneously make and entertain acquisition offers like Pacific Continental did, but its story highlights hard questions facing financial institutions in a consolidating industry.