The Latest

Many different data security technologies exist, but the payments industry “does not have what it needs for a global standard,” said Marianne Crowe, vice president of the Federal Reserve Bank of Boston.

Cardinal Financial made a big push into wealth management a decade ago. Today, it remains an inconsistent business, though management is optimistic about the future.

House Speaker John Boehner's surprising announcement reduces the odds of an imminent government shutdown, but raises fresh questions about several key banking priorities.

The CFPB is rewriting the rules for debt collection, and in the meantime fines and penalties are coming fast and furiously. Banks need to closely scrutinize every debt collector and debt buyer they do business with, or even bring collections back in-house, said attorney Joann Needleman.

South Korean purchases via Samsung Pay have topped the equivalent of $30 million U.S. as of Sept. 20, according to the first figures released by Samsung.

Santander Bank has hired Siobhan Schroth as market director for corporate and commercial banking in New York and New Jersey.

House Speaker John Boehner’s surprising announcement reduces the odds of an imminent government shutdown, but raises fresh questions about several key financial services industry priorities.

Berkshire Hills Bancorp in Pittsfield, Mass., has named a new president and chief operating officer for its bank.

Silicon Valley Bank and MasterCard are accepting applications for the fourth installment of their startup accelerator program Commerce.Innovated.

Verifone has entered an agreement to use Barclays' Pingit mobile payment app as part of Verifone's PAYware Ocius mobile gateway. Initially, this deal will support only e-commerce sites but Barclays said the pair may bring the technology to the physical point of sale in a later phase.