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Despite the doomsday predictions for banks and acquirers five years ago, the Durbin amendment hasn’t dramatically shaken up the business models of the payments industry.

If you’ve been sifting through your wallet and counting the increasing number of chip-enabled cards you can find in there, you’re probably becoming more and more confident that EMV is finally happening in the U.S.

For the first time, physical goods are the most purchased items on mobile devices, according to a recent report from Javelin Strategy and Research. But the bigger takeaway is what this means for bringing mobile payments into other channels.

FirstBank Holding in Lakewood, Colo., reported higher profit through the first half of this year, as both loans and deposits grew.

BancorpSouth in Tupelo, Miss., reported higher second-quarter profit, as an increase in loan volume offset lower yields on loans and leases.

Zions Bancorp. in Salt Lake City reported a second-quarter loss after selling the remainder of its portfolio of collateralized debt obligations.

A breakdown of M&A announcements in the financial services industry for the week ended July 18.

The man who created one of the biggest U.S. subprime lenders says there's nothing dangerous about borrowers being given longer car loans.

WASHINGTON — Treasury Secretary Jack Lew said Monday that the Obama administration will continue to defend the Dodd-Frank Act amid Republican efforts to water down the law, even as one of its namesakes suggested changes to it may be necessary.

First Data is looking to sell shares of its stock to address its "indebtedness," the company announced Monday.