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Many consumers expecting a tax refund this year will use it to pay down debt or save the money, according to the National Retail Federation’s annual Tax Returns Survey.

Big-bank representatives agree with the concept behind the Fed's "total loss absorbing capacity" proposal but argue that certain provisions are excessive and onerous.

The Consumer Financial Protection Bureau's use of enforcement actions to try and make broad changes to the auto lending market is fragmenting the industry further and potentially limiting a consumer's ability to negotiate for a lower interest rate.

Powa Technologies Ltd., the London-based mobile payments startup, has a new owner after running out of funds earlier this month.

South Dakota Bancshares in Pierre, S.D., has agreed to buy First State Bank in Pierre.

As mobile payments migrate beyond smartphones, Visa is offering Visa Ready to manufacturers of wearables, automobiles, appliances and other connected devices.

Starbucks' loyalty program will soon reward bonus points based on money spent rather than recognizing individual purchases, a change designed to ease workflow and increase participation rather than dilute benefits, company executives said Monday morning.

Wisconsin lawmakers are reviewing a plan to send Milwaukee County’s debt to the state’s Department of Revenue for collection.

HSBC Holdings posted an unexpected fourth-quarter loss, its first since at least 2009, as revenue dropped and loans to oil and gas companies drove a jump in impairment charges.

With the stakes so high for compliance officers, their rights and responsibilities should be clearly defined, including a safe harbor for those who play by the rules.