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A number of credit unions have already begun to raise their minimum wage – in some cases doubling the federal minimum – but it remains to be seen if legislative action or market pressures spread the trend more widely.

Loretta Mester, the president of the Federal Reserve Bank of Cleveland, discusses how Trump's election will affect financial services, what she thinks of Neel Kashkari's plan to end "too big to fail," and her views on interest rates.

The recent history of mobile wallets includes a lot of crashes and failures, but the people behind those projects are still around and are wiser for their experiences.

Banks and data aggregators agree that screen scraping is a practice probably best left behind. In the coming year, the two might get better at sharing data via APIs.

The core-tech vendor Fiserv has agreed to buy Online Banking Solutions in Atlanta.

First Republic Bank in San Francisco has bought Gradifi, a two-year old firm that works with small and large companies to help their employees pay down student debt.

On Sept. 30, 2016. Dollars in thousands, except for average loan amount.

Too many data breach reports show that companies suffering compromises were unaware that cardholder data was present in their systems. The Payment Card Industry Security Standards Council wants to fix this.

Banks aiming to market internally developed products to other banks are also taking steps to become better vendors. Leader Bank, for instance, took more than a year to get its technology and staffing up to snuff before pitching its rent-payment program.

The core-tech vendor Fiserv has agreed to buy Online Banking Solutions in Atlanta.