The Latest

Visa insists that EMV chip card transactions take no longer to process than magstripe transactions do, but it is aware that many consumers disagree.

First-quarter profit improved at Commerce Bancshares in Kansas City, Mo., as commercial-and-industrial loans increased.

The world knows JPMorgan's quarterly profits fell and that it flunked the living wills test. But underneath all that were solid first-quarter results in its core lending businesses that bode well for other banks at the start of earnings season.

Motorists in the Netherlands will soon be able to pay for fuel purchases before pulling into the gas station through a feature from the Dutch bank Rabobank’s MyOrder, which already supports a variety of mobile payments use cases.

Financial services and payments technology provider Affirm says it has raised $100 million in a round of equity funding.

Financial Institutions in Warsaw, N.Y., has offered an olive branch to resolve a proxy battle with an activist investor.

Corelation Inc., a core processor in San Diego, was hired by seven credit unions during the first quarter. The new signings raise the total number of credit unions using Corelation to 48.

The Office of Financial Research, an agency tasked with examining emerging threats to the financial system, said in a paper released Wednesday that U.S. global systemically important banks remain among the riskiest in the world, though risks from Chinese banks are growing the fastest.

U.S. regulators have asked their internal watchdogs to examine how assessments of banks' plans for winding down during a potential bankruptcy ended up in a news article.

As banks weigh blockchain-powered clearing and settlement solutions, Royal Bank of Canada is looking at how the technology can bolster its customer loyalty programs.