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ShopKeep's most recent survey of its 20,000 merchant clients shows two mobile payment trends at odds with one another.

The volume of payment apps is reaching critical mass. From retailers to coffee shops to airlines, companies across virtually every industry have developed a mobile app to make the payments experience simpler and faster for their customers – and to gather more data on who they are and how they spend their money.

WASHINGTON — The Federal Deposit Insurance Corp. will have a new head of legislative affairs after longtime FDIC official Eric Spitler retires at the end of the year.

First Farmers and Merchants in Columbia, Tenn., plans to buy out some of its shareholders and deregister as a publicly traded company.

The Consumer Financial Protection Bureau on Monday warned that it would go after companies that automatically withdraw funds from bank accounts without a consumer's consent.

The $5.4 billion-asset WSFS said in a press release Monday that it will pay $101 million, or $21.75 a share, in cash and stock for the $651 million-asset parent of Penn Liberty Bank.

While groups are concerned that Goldman Sachs' deal for GE Capital's deposits lacks community reinvestment benefits, they have also raised procedural questions about the Federal Reserve Board's handling of the application.

Hanmi Financial has gone public with efforts to merge with BBCN Bancorp in a move the Los Angeles company hopes will scuttle another rumored pairing.

Banks give a lot of reasons for providing chip cards that work with signatures, rather than four-digit PIN codes, but none of them are convincing.

It's easy to make certain assumptions about what various demographics want, but it's also easy to be wrong. A recent survey on what people want from their financial institutions offers deeper insight.