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Macy’s has announced plans to consolidate four credit and customer service center facilities into three, resulting in 4,800 job cuts for the Cincinnati-based retail giant.

Hanspeter Wolf, CEO of onboarding software vendor Appway, on how he defines fintech and what he sees for its future.

Person-to-person payments are a sudden hotbed of innovation. Many banks and technology companies are rethinking their approach to P2P and finding ways to offer the service in a way that is genuinely appealing to the mobile generation.

Both consumers with health insurance and those lacking any coverage are reporting problems paying medical bills, according to a survey by the Kaiser Family Foundation and The New York Times.

But the strong demand for tax credits from those projects is also whittling down the investment returns as their riskiness declines, according to a new report by the New York-based accounting firm CohnReznick.

CUs announce new hires, promotions—and who’s crashing GAC.

For all the attention nonbank fintech firms get, they still have a long way to go before winning over key customer segments, such as business banking customers.

A recent tax change will provide more stability to banks and developers that use the low-income housing tax credit program, and the supply of below-market-rate apartments should increase as a result. But it's not enough to create the economic incentives needed to meet skyrocketing demand for affordable housing in the U.S.

The two credit unions are calling off what would have been one of the biggest mergers in credit union history.

While it searches for a permanent deputy director, the Consumer Financial Protection Bureau has named David Silberman to serve as its acting No. 2 starting next week.