The Latest

There is some good and bad EMV-related news for the U.S. when it comes to chargebacks and false declines.

Loyalty marketing is considered a substantial lure for mobile payments, but the introduction of new channels also complicates the strategy, according to Kevin Wray, the chief commercial officer at Switchfly.

Consumer Financial Protection Bureau will propose changes in late July to its mortgage disclosure rule to provide "greater certainty and clarity" to the mortgage industry.

PayPal Holdings Inc. said federal regulators are investigating the company's Venmo free peer-to-peer payment service in connection with potential unfair trade practices.

PayPal Holdings Inc. said federal regulators are investigating the company's Venmo free peer-to-peer payment service in connection with potential unfair trade practices.

The Consumer Financial Protection Bureau will propose changes in late July to its mortgage disclosure rule to provide "greater certainty and clarity" to the mortgage industry.

KeyCorp will sell 18 branches as part of an agreement with the Justice Department and the Federal Reserve Board to complete its purchase of First Niagara Financial Group.

Green Bancorp in Houston says it has developed a strategic plan to eliminate its energy loan exposure.

The American Bankers Association is laying the legal basis for a lawsuit to challenge Congress' decision to cut dividend payments made by the Federal Reserve to its member banks.

CIT's bread-and-butter business — commercial banking — weakened as it embarks on a broader turnaround plan. Soft demand from midsize companies plagued it and other lenders last quarter. Will that problem continue the rest of the year?