The Latest

Citigroup has launched a unit in its global consumer bank dedicated to the development of its mobile banking services and promoted Heather Cox to be its CEO.

The fleet card provider WEX has agreed to acquire software-as-a-service technologies provider Benaissance.

Financial instituitons are increasingly concerned that an optional cybersecurity assessment tool released by regulators this summer could soon become mandatory.

The argument that a Republican CFPB director could wreak havoc on what the agency has already accomplished just doesn't hold water.

Consumer confidence in October remained flat amid concerns about slower growth in the labor market and across the broader economy.

Barclaycard and travel site priceline.com have extended their co-branding agreement, which means consumers can still get a credit card with pitchman William Shatner's face on it.

A proposed class-action lawsuit filed Wednesday accusing debt-buying giant Portfolio Recovery Associates of abusing U.S. courts by filing collection lawsuits against tens of thousands of consumers based on false affidavits.

The Federal Reserve Bank of Chicago has promoted Shonda Clay to executive vice president and product manager, a role in which she will also support the Fed's faster payments initiative.

Webster Financial in Waterbury, Conn., reported a higher third-quarter profit on growth in deposit and loan fees related to its acquisition of health savings accounts.

Starbucks and Square, once the hottest couple of the payments world, are splitting up. But their relationship was never perfect; signs of trouble were obvious from the very start.