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Robo-advisers have myriad conflicts of interest and fall short of the standard of care under fiduciary investment law. The Labor Department's endorsement of these algorithmic investment guides seems curious and misplaced.

Radio frequency identification (RFID), which uses radio waves to transfer data to a receiver, has been around for decades now, but only in the last several years have retailers deployed the technology to improve inventory control by tagging each item and implementing RFID scanning procedures. Even more recently, retailers are using it to offer consumers enhanced experiences in-store.

It’s no secret that consumer interest in wearables is on the rise.

Mobile payments are gaining traction among U.S. consumers and merchants, which means that tapping a smartphone at the checkout counter may soon become as common as using a plastic card.

CFPB Oversight, Arbitration Rules; Pandit's Latest Fintech Venture

Fifth Third Bancorp has agreed to pay nearly $85 million to settle fraud charges related to undisclosed defective Federal Housing Administration-insured loans.

Technology company IMM said it is seeing growing demand for its suite of eTransaction automation solutions.

The Consumer Financial Protection Bureau’s impending proposal, to be reviewed by a small business advisory panel, would block companies from using arbitration clauses to avoid class actions but allow them for individuals.

The proposed merger of $102 million United Health Services Credit Union into $716 Horizon Credit Union received 89% member approval.

The member credit unions of both the Kansas Credit Union Association and Missouri CU Association on Tuesday voted to unite to form a new entity to be known as Heartland Credit Union Association and Shared Financial Solutions.