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Bank innovation has tended to focus on retail customers, but expect more technology for commercial customers in the coming year as those clients deman products that are easy to use and help them run more efficient enterprises.

JPMorgan Chase & Co. agreed to pay $150 million to settle investor claims that it hid from them as much as $6.2 billion in losses caused by a trader dubbed the London Whale.

JetPay Payment Services, a unit of JetPay Corp., is working with the lending platform provider Credibly to give JetPay's distribution network access to Credibly's technology.

A well-known advocate in the consumer debt relief industry is under investigation by federal authorities in Washington, D.C. and Montana for business ties to payday lenders.

America First Credit Union of Riverdale, Utah, is launching both Android Pay and Samsung Pay, the two most prominent mobile wallet options for Android smartphones.

Lawmakers are requiring the Department of Education to drop a formula that gives preference to four major federal student loan servicers and instead divvy up the accounts based on performance measures.

Separate actions involved a company and an individual that resold sensitive personal data to debt collectors and lenders, allegedly exposing millions of consumers to harassment and deceit.

The U.S. migration to EMV chip cards garnered most of the spotlight in 2015, but the October liability shift was just the start.