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Biometrics are seen as the future of authentication, but some customers hesitate to ditch old ways. Picking the most practical pain points — like authenticating over the phone — is banks' best bet to win converts, observers say.

Several Republican presidential candidates called for a rollback of regulations on Thursday, saying that over-regulation is choking off job growth and the economy.

First Data has unveiled Clover Go, a new EMV-enabled card reader for mobile devices and the latest device in its Clover mobile point of sale product line.

The Federal Deposit Insurance Corp. outlined the succession plans for several key offices on Friday, including the heads of its legislative affairs and San Francisco offices.

Citigroup, which pioneered the era of global megabanks before almost collapsing in the financial crisis, just slid behind Wells Fargo to rank as the nation's fourth-biggest lender.

The former chief marketing officer of the failed Mirae Bank in Los Angeles was arrested following an eight-count indictment stemming from alleged loan fraud.

The Barclaycard app now will allow Near Field Communication-enabled contactless payments on supported Android devices.

Verifone plans to acquire payment technology and switching solutions provider AJB Software, a move that would allow the point of sale hardware maker to offer more services to its acquiring partners as merchants deploy EMV security and mobile wallet acceptance.

Apple Pay's international expansion has been slow enough that other mobile wallet providers are working to get out in front in markets such as Latin America.

A Michigan circuit court judge on Thursday banned Liquidation LLC and eight related companies from collecting on title loans that charge triple-digit interest rates.