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Wells Fargo posted a third-quarter profit that beat analysts’ estimates on gains in interest income from asset purchases and new loans.

PNC Financial Services Group reported third-quarter profit that beat analysts’ estimates as the lender cut costs to counter a decline in revenue.

Bank of America posted third-quarter profit of $4.51 billion as expenses declined.

The pioneering online lender Kabbage has raised $135 million in new equity financing, with three large multinational banks among the lead investors, the company announced Wednesday.

Payment technology that comes with the EMV stamp of approval already in place may get a boost as a result of the bottleneck newer systems face in getting certified.

Amazon.com has been one of the most active companies working to remove friction from payments. This summer, it reached the finish line, removing payments entirely from a portion of its catalog.

The changing demands of consumers who are increasingly mobile, and the emergence of disruptive technology, are changing the payment model for financial institutions.

The Democratic presidential candidates sparred over Wall Street reform Tuesday evening, debating how to best tame the banking industry roughly seven years after the financial crisis.

The firms on our FinTech Forward Companies to Watch list are trying to help banks sign up mobile customers faster, write more loans, and ensure online users are who they say they are.

Results from the largest U.S. bank, and the first major player to report on its latest quarter, showed widespread revenue strains and only added to questions about the industry's growth prospects in the near future.