The Latest

JPMorgan Chase & Co.’s contract to provide debit cards to inmates released from federal prison may have backfired after a former convict raised a ruckus.

TouchID, facial recognition, behavior patterns, knowledge-based authentication, SMS codes – the means of authenticating continue to proliferate. The smart minds in security have yet to settle on one which is the most effective.

Prague-based CSOB has launched the first mobile wallet for Near Field Communication-based mobile payments in the Czech Republic—already a bastion of contactless payments—with plans for e-commerce payments down the road.

Meridian Trust Federal Credit Union in Cheyenne, Wyo., will migrate to EASE, an outsourced delivery model of the Symitar Episys core platform.

The Oak Ridge, Tenn.-based credit union is celebrating reaching the $1 billion asset mark.

WASHINGTON — Regulators announced Tuesday that they are giving large banks with less than $100 billion in assets an additional year to file their living wills.

The Consumer Financial Protection Bureau added its voice Tuesday to a chorus of other regulators in calling for sustainable foreclosure relief when the Home Affordable Modification Program expires at yearend.

In a political season teeming with tension around income inequality, racial economic disparities and animus toward the banking industry, reforming the Community Reinvestment Act seems like it should be a cornerstone of the debate. Yet the law has been almost entirely absent from the discussion. Here's why.

The mega-banks behind Early Warning's clearXchange network provided a huge base to push the speedy processing necessary for digital payments—but even the biggest banks don't blanket the country as well as Visa and Mastercard.

Benefiting from higher loan guarantee income and lower derivative losses, Freddie Mac said Tuesday it had made $993 million in the second quarter, a dramatic reversal from its $354 million loss a quarter earlier.