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Verifone Systems Inc., one of the world’s largest makers of payment-terminal hardware, tumbled in late trading after cutting its full-year profit and sales forecasts for a second straight quarter.

Cory Methodist Church CU entered conservatorship in February due to risks from unsafe and unsound practices.

The slow start to Fifth Third's 3%-down mortgage illustrates some of the logistical challenges with such programs, which are on the rise across the industry.

Fresh off of a series of partnership deals to extend carrier billing in Europe, Boku has attracted an additional $13.7 million in venture funding to back the San Francisco company's global ambition.

Blockchain has become popular for some startups selling low-friction cross-border transactions, and Visa is looking for banks to participate in a pilot program to assess potential opportunity in the technology.

Some financial companies are leery of betting on an early-stage technology such as artificial intelligence for important jobs like combating account thefts, but PayPal says it works – especially in rooting out false alarms.

Big banks have less than a month to fix their resolution plans – or potentially face severe regulatory consequences.

WASHINGTON — Kansas City Federal Reserve Board President Esther George and Richmond Fed President Jeffrey Lacker will testify before a House panel on Wednesday.

The Mortgage Bankers Association has long been a staunch defender of the mortgage interest deduction. But the group's president and CEO now says he's open to Congress reducing, or even eliminating, the tax break.

As the threat of card not present (CNP) fraud continues to rise, a recent survey suggests many consumers are willing to take extra steps during a transaction to block online card fraud if their bank offered the option.