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American Express' recovery from losing its partnership with Costco got a boost as it reached an agreement with Starwood Hotels to introduce a new payment card.

Lenders are reporting stronger demand for commercial and private lending over the past two months, according to a report released Wednesday by the Federal Reserve Board, continuing a trend of mild-to-moderate improvement in banking fundamentals in recent quarters.

U.S. Bank in Minneapolis has updated its mobile corporate payments to allow the use of virtual card accounts, which give users a temporary 16-digit number to execute transactions.

The Consumer Financial Protection Bureau issued a blog post Wednesday designed to mollify industry and congressional concerns that lenders will not be ready to implement new disclosure forms by an Aug. 1 deadline.

U.S. Bank in Minneapolis has updated its mobile corporate payments app with features that allow the use of virtual card accounts — single-use, cardless accounts through which a users are given a temporary 16-digit number with which to make a payment.

Featuring the good works credit unions are doing in their communities.

The Consumer Financial Protection Bureau issued a blog post Wednesday designed to mollify industry and congressional concerns that lenders will not be ready to implement new disclosure forms by an Aug. 1 deadline.

The rapid pace of change has forced payment companies to collaborate more often, a posture that will help the industry in the future, even if EMV and other innovation disrupts the market.

Serving a single sponsor that is, itself, legendary for its customer service — and scattered all across the U.S. — means Nordstrom FCU has to be at the top of its game.

An investment bank cautioned Bank of the Ozarks that its target, Bank of the Carolinas, was in talks with another suitor and "did not wish to jeopardize that transaction," a filing disclosed. The Arkansas acquirer pushed on and ended up walking away with the deal less than two months later.