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EMV card technology has fully replaced traditional magnetic stripe cards in virtually all developed countries except the U.S. In these markets, it's proven to be an effective technology to reduce fraud for card-present transactions, forcing fraudsters to migrate to areas that have not adopted a chip-based payment system.

NCUA’s decision to adopt RBC despite clear signs Congress doesn’t favor the measure could mean political fallout for the agency down the road.

SunTrust Banks in Atlanta reported a lower third-quarter profit, citing negative effects from the low interest rate environment.

The overhead transfer rate remains a primary concern for state charters, but NASCUS CEO Lucy Ito says progress is in sight.

People’s United Financial in Bridgeport, Conn., has acquired an insurance agency in Bridgeport.

The Bankruptcy Abuse and Consumer Protection Act became law 10 years ago this week. The law was the culmination of a bipartisan push in Congress to change a system that seemed to encourage bankruptcy filings during a time of prosperity. It is reasonable to ask, a decade later, whether reform worked.

Netflix's EMV Complaint; 'Waiting for Godot,' i.e., the Fed

The changes made 10 years ago reduced abusive bankruptcies and made our nation's economy more resilient. If Congress had gone further by regulating attorney fees and increasing penalties for fraud, the economy would be that much stronger.

The reform has returned bankruptcy to its intended function as a last resort for consumers, rather than a way for the wealthy to game the system at everyone else's expense.

As mobility has become embedded in the world’s cultures, issuers are feeling the heat to create their own mobile apps, but in an era of non-top data breaches and increasing identity theft, security fears abound.