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Despite some early success, it can’t be ignored that there are still many merchants that cannot accept EMV chip cards.

As JPMorgan Chase gears up for the launch of the merchant-friendly Chase Pay wallet, it's taking the opportunity to freshen its approach to P-to-P mobile payments.

New York senators approved Vullo Wednesday as the superintendent of the New York State Department of Financial Services, a year after the exit of the last permanent superintendent.

The $15 billion-asset bank said in a press release Wednesday that Kevin Moffitt has been hired to succeed Brian Wildman, who was named MB Financial's executive vice president of consumer banking in March.

More than a third of likely voters backing Democrat Hillary Clinton in the latest Bloomberg Politics national poll say she should pick Senator Elizabeth Warren of Massachusetts, a darling of the party's liberal wing, as her running mate.

A group of CoBank ACB bondholders, including Capital Group Cos., are suing the farm lender after it repurchased $405 million of high-interest bonds over their objections.

FARMINGTON HILLS, Mich. – Member Driven Technologies (MDT) announced six credit unions have signed agreements to convert their core processing systems to the Symitar Episys system under the auspices of MDT.

The $3.2 billion-asset Park Sterling announced this week that it will hire four commercial and industrial bankers from the $2.3 billion-asset CommunityOne Bancorp to help expand its commercial banking team in the Charlotte metropolitan area.

House Republicans' plan to subject all federal regulators to the Congressional appropriations process is alarming industry observers, who argue it could hurt both banks and consumers.

Community banks and credit unions have banded together to use their combined bargaining power to wrest better terms from what they regard as an oligopoly of core processing vendors.