The Latest

Federal Deposit Insurance Corp. Chairman Martin Gruenberg was contrite during a House cybersecurity hearing Thursday, acknowledging that the agency failed to protect key bank data.

J Sainsbury Plc was awarded 69 million pounds ($91 million) by a London judge following a long-running dispute over fees charged on card transactions with Mastercard Inc.

Congress should abandon the idea of repealing a section of the Dodd-Frank Act that has helped make pricing for payment processing more competitive.

JPM Earnings Outpace Expectations

JPMorgan Chase said second-quarter profit fell 1.4%, beating analysts' estimates as fixed-income trading revenue and loan growth jumped.

Citibank is offering surcharge-free ATM access to the customers of 16 credit unions and minority-owned banks in six cities.

Citibank is offering surcharge-free ATM access to the customers of 16 credit unions and minority-owned banks in six cities.

USAA now offers voice-guided check deposit on its mobile app for visually impaired customers.

What’s the hottest trend in business right now? Social networks such as Facebook and Twitter? Sharing economy apps such as Uber and Airbnb? Apple, and its line of personal computing devices? Or Software as a Service for the enterprise, such as Salesforce?

Companies have struggled for years to find a simple way to get consumers to set up a payment account without derailing the checkout process. One company is taking a step back and asking: Why delay a sale by demanding money?