The Latest

Peter Wannemacher, senior analyst at Forrester, explains why Europe's PSD2 regulation matters to U.S. banks and why it will be a hot topic in 2017. He also shares his tech predictions for 2017 and a few contrarian warning

Online lenders could be opening doors for female entrepreneurs; the San Francisco Fed's Mary Daly talks about closing the gender gap in the research department; Barclays' UK diversity chief shares mentor-mentee relationship tips; Centric's Patti Husic creates a millennial advisory board. Carver Bancorp's former CEO is joining Citi's board and we take a look at Mary Jo White's possible successor. Plus, a look back at the year for Mary Mack, Carrie Tolstedt, Kathie Andrade and Nandita Bakhshi.

The time banks have to investigate red-flagged credit payments has shrunk from several days to a few hours and fraudsters have already taken notice.

PHH is selling its remaining residential mortgage servicing portfolio to the real estate investment trust New Residential.

BillGO says it has seen a 65% jump in customers signing up for its bill-pay app since its launch in late October, and it predicts a payment processor partnership with GlobalOnePay will bring scale it hadn't previously enjoyed.

Payments software provider Ezetap says an agreement with Pax Global Technology Ltd. will bring "hundreds of thousands" of mobile and mini point-of-sale terminals to India as the country lessens its use of cash.

An agreement between First Global Data and India's Metro Infrasys will bring a one-click mobile payment option to drivers using the country's tollways.

If companies like Amazon, Apple and Google enter in force the battle between banks and fintech firms over customers' personal data, it could tip the scales against the banking industry.

Cash machine transactions have held steady over the past three years, despite the rise of mobile and peer-to-peer payments, according to Andy Mattes, CEO of ATM manufacturer Diebold Nixdorf. "Consumers embrace all types of payment," Mattes says.

Dime Community Bancshares in Brooklyn, N.Y., will record a one-time charge after approving changes to its employee stock ownership plan.