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

Community banks will soon have a new way to lend to each other, though it is unclear how eager they might be to participate.

Not only do rules imposed under the Dodd-Frank Act threaten regional banks' lending capabilities, they could actually wind up increasing risk to the financial system.

BankUnited in Miami Lakes, Fla., will book a $50 million income-tax benefit in the third quarter.

Waiting for the Fed's Rate Reveal; Bitpay Hacked for $1.8M

Lawmakers from both sides of the aisle lines up to speak at the CU event, and what they had to say demonstrated why financial regulatory reform efforts have stalled.

As a new entrant to the lending arena, marketplace lenders pose a new, untraditional competitor for borrowers’ business, but credit unions might be able to find ways to work with them, not against them.

The operators of a fraudulent collection scheme will be banned from the collection business under a settlement with the Federal Trade Commission, resolving charges that they illegally processed more than $5.2 million in payments for phony debts.

It's no secret that restaurants are going to be slow to adopt EMV relative to other retail categories, but in the past two months more dining establishments have begun to focus on the business-side issues and changes to customer interaction brought on by chip cards.

The two-sided retail payment network ecosystem is undergoing a tectonic shift. Distinctions between e-commerce, mobile commerce and payments at the physical point of sale are starting to blur, and a range of digital wallet platforms are changing the way that customers make purchases and payments. It may therefore be time for interchange 2.0.