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DES MOINES – Payments processor TMG (formerly known as The Members Group) on Monday said its card-issuing partners grew their credit and debit portfolios by 15% in 2015.

The central bank should not delay putting in place a long-term plan that diminishes its outsized influence and allows the financial markets to work without interference.

Tellers Emerge as Threat; 'Liar Loans' Make a Comeback

The largest institutions moved to the top of J.D. Power's rankings, thanks largely to the popularity of their digital offerings and high scores among young adults.

At the four-month mark after the U.S. EMV liability shift went into effect, it's still a waiting game; larger issuers and merchants tend to be on top of the chip-card situation and many smaller ones are not, but experts say it's too early to draw conclusions.

Despite electronic payment innovations, cash is still the most efficient and simplest form of payment for low-value transactions.

Lawrence Seidman, an activist investor in New Jersey, wrote in a regulatory filing that he plans to withhold support for all three of Malvern Bancorp's directors who are up for reelection this year.

WASHINGTON — Key Democratic lawmakers are urging the Department of Housing and Urban Development to tighten its program for selling nonperforming guaranteed loans to ensure servicers have exhausted all loss mitigation options before the loans are sold to private investors.

WASHINGTON – The House passed a bill Monday by voice vote that could make certain municipal debt securities more attractive to banks.

As promised back in December, the CUNA board has revisited its bylaws — including the requirement that credit unions belong to both the national association and their respective state leagues — and is sending the amended bylaws to a membership vote.