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As payments technology went into warp speed the past four years, many banks, acquirers and independent sales organizations (ISOs) faced the difficult task of keeping up with all of the potential changes.

The only way to evaluate the appropriateness of Dodd-Frank's costs is to monitor the economic benefits that it creates. That's why the government needs to find a quantifiable way to measure the efficiency of its regulations.

Canadian credit union cooperative Desjardins Group is offering mobile credit and debit card readers for small businesses.

Jim Nussle is celebrating his first anniversary as the head of CUNA by announcing a host of new initiatives including a dues reduction and non-voting membership classes for industry stakeholders such as vendors who serve credit unions. The announcement comes days after the trade group's board largely rejected changes recommended by its restructuring task force.

The Consumer Financial Protection Bureau’s student loan ombudsman has shared concerns over predatory practices in student loan repayment programs, comparing them to those that led to the mortgage crisis several years ago.

Atlanta-based bitcoin payment processor BitPay has suffered a phishing attack costing the company $1.8 million.

U.S. Bank has promoted Jeffrey W. Jones to president of its corporate payment systems group after he spent nearly 15 years as head of global treasury management.

Codorus Valley Bancorp in York, Pa., has hired Dwight Utz as its chief operating officer. Utz succeeded Mike Allen, who resigned in March and is now executive-in-residence of The Graham Center for Entrepreneurial Leadership Studies at Penn State University.

It's time for the Fed to stop giving deference to the banking industry and correct the industry's swipe fee increases on small-ticket transactions.

First Niagara Financial Group Inc. is exploring a sale of the firm or other opportunities, according to people briefed on the matter. The bank holding company's shares rose in extended trading.