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Now that the state House of Representatives has passed the legislation, all eyes turn to the state Senate, where the Michigan CU League expects to find strong support for the modernization effort.

Boku had to stay mum last week about its involvement in powering Apple Inc.'s carrier billing option in Russia, but there is no such gag order this week regarding the company's partnership with Microsoft.

Sections of a new proposal from Missouri Attorney General Chris Koster to curb debt collection practices he believes are abusive has the support of the Missouri Collectors Association.

Angus Deaton's efforts to improve understanding of poverty have helped open the door to financial services firms meeting the market demands of the world's poor.

Bank of America passed the Federal Reserve's annual stress test after resubmitting its capital plan and persuading regulators it improved internal controls and loss and revenue models.

Walmart Debuts Mobile Pay; Banks Slow on Blockchain Technology

Indications of fraud ebbed when refinancing was more prevalent, but now that home purchases are picking up, misrepresentations could increase, too.

Bob Fouch, president and CEO of Corporate Central Credit Union for 25 years, announced his retirement Thursday.

One of the leaders of the retailer-driven Merchant Customer Exchange mobile payment system, Walmart is stepping out with its own alternative to Apple Pay, Samsung Pay and Android Pay.

Like the long shutter times required for old photographs, a payment transaction at a hotel can remain exposed for a while, creating a distinct fraud risk that's not often found at other merchants.