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American Express Co. cut Chief Executive Officer Kenneth Chenault's pay 26 percent to the lowest level since 2008 after the credit-card lender's stock and profit slumped last year.

Lincoln Park Savings Bank in New Jersey is now Lincoln 1st Bank.

Federal financial regulators have instructed banks to extend procedures for collecting customer identification information to certain holders of prepaid cards.

A well-known Wall Street firm is urging Citigroup to split itself in two for the benefit of investors, adding to the chorus of calls for the biggest banks to be broken up. How much of a difference will it make?

Capital Bank Financial in Charlotte, N.C., will record a first-quarter $5.5 million net loss, after it agreed to an early termination of its loss-share agreements tied to three failed banks.

Germany's solarisBank is hoping to power the next wave in fintech evolution, by allowing companies to use its banking license and APIs to build scale in their businesses.

Federal financial regulators have instructed credit unions and banks to extend procedures for collecting customer identification information to certain holders of prepaid cards.

The Consumer Financial Protection Bureau faces a tough balancing act as it seeks to issues a proposal to rein in high-cost payday loans. A chief concern is what will replace payday lenders if federal regulations force many of them to shut down.

Apple's newest iPhone, a throwback to the smaller models it sold in previous years, is designed to maintain Apple Pay's momentum as it lands in new regions.

A dozen banks from Arkansas to Virginia are nearing $10 billion in assets, where they will face higher compliance costs and caps on interchange fees. Mergers among those institutions could create a new class of regional bank.