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USAA has updated its digital platforms to give customers more control over unexpected declines on large transactions and access to service representatives on its website.

BancorpSouth in Tupelo, Miss., has hired Kyle Gilliam as president of its equipment finance and leasing division.

U.S. prosecutors are considering a criminal charge against a unit of HSBC Holdings Plc related to conduct on its foreign-exchange desk, according to two people familiar with the matter, imperiling an earlier deal that let the bank avoid prosecution.

As the payments industry progresses through the first stage (POS terminals) of the EMV liability shift and gets closer to the second stage (ATMs), a lingering question that can be asked is: why would any card issuer not want to get certified for EMV?

Square Inc. has long hinted it plans to expand to Europe and new clues suggest its base camp will be in the U.K. for an ambitious push into several countries. But its rivals got there first, and have had years to build their defenses.

The National Credit Union Administration released second quarter Call Report data for 2016 showing signs of significant growth for the industry, but not all CUs are riding the wave.

Meta Financial Group in Sioux Falls, S.D., has promoted Cynthia Smith, its head of technology and operations, to chief operating officer.

Under pressure from regulators and consumer advocates, brick-and-mortar banks are now offering overdraft-free accounts. But online-only and community banks still have them beat as the type and number of fees associated with big-bank checking have multiplied.

"Smart Connection" aims to boost financial literacy in consumers between the ages of 18 and 25.