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Citigroup will pay $425 million to resolve U.S. Commodity Futures Trading Commission claims that the bank attempted to manipulate global benchmarks for interest rate products multiple times from 2007 to 2012.

The debate over speeding up payments transactions should consider the necessity of allowing consumers time to rethink and abort their purchases.

Libor Looms Over 2Q Results; In Swift We Must Trust

Coin-counting machines came into vogue in the 1990s when Commerce Bank started installing "Penny Arcades" in its branches throughout New Jersey. They were a huge hit for a while. Ex-Commerce CEO Vernon Hill used to credit the presence of coin counters for helping to drive deposit growth at his bank in the early 2000s. But banks have soured on the machines in recent years as usage declined and maintenance costs increased. Capital One pulled the plug on its machines in 2014 and two of its rivals, TD Bank and PNC Bank, followed suit this year. Here are some milestone moments in coin-counting history.

Better coordination and information sharing needs to be fostered between financial regulators worldwide in order to reduce risks posed by so-called shadow banking sector, a group of international supervisors said Wednesday.

There is an old saying by Mark Twain, "Never let the truth stand in the way of a good story, unless you can't think of anything better." Recently, Walmart filed a lawsuit against Visa complaining the company won't let it require PINs on transactions made with chip-enabled debit cards.

When TableSafe launched in 2011 under the name Viableware, it was a simpler time in payments technology and the company had a simpler product to offer — a tablet-like check holder that lets customers complete card payments without leaving the table.

The Obama administration and an independent federal banking agency are advising the Supreme Court not to review a lower-court ruling that has roiled the marketplace lending sector and caused consternation throughout much of the consumer finance industry.

FHFA Director Mel Watt also reiterated concerns regarding insurance companies and large bank members, saying that some Home Loan Banks have large exposures to a few individual members.

The due-diligence firms that vet loans before securitization are erring on the side of caution when assessing the risk to investors of liability from the new consumer mortgage disclosure rules.