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Identity thieves stole information on 104,000 U.S. taxpayers from the IRS website and used the data to file fake tax returns that yielded as much as $50 million in refunds, agency Commissioner John Koskinen said.

U.S. acquirers are looking to expand their business in emerging markets, where small merchants are starting to enter the commercial framework.

F.N.B. in Pittsburgh has agreed to buy five branches from Bank of America in eastern Pennsylvania.

More than 71 million consumers had an auto loan in the first quarter, an increase from a year earlier and the largest growth since the economic downturn, according to a new report.

We asked bank chief financial officers what advice they would give their younger selves. Here is what they wish they'd known when they started their careers.

PORTSMOUTH, N.H. — Service Credit Union members don't have to remember usernames or passwords to access accounts and conduct transactions. If they own certain Apple devices, they just need a finger and an application called Touch ID.

U.S. banks rebounded in the first quarter as earnings rose 6.9% from a year earlier, to $39.8 billion, and nearly two-thirds of institutions reported higher profits from a year earlier, the Federal Deposit Insurance Corp. said Wednesday.

China UnionPay Co. introduced the nation’s first wearable payment product as the giant of the Chinese industry moves to defend its turf from other service providers.

Identity thieves stole information on 104,000 U.S. taxpayers from the IRS website and used the data to file fake tax returns that yielded as much as $50 million in refunds, agency Commissioner John Koskinen said.

West Virginia Attorney General Patrick Morrisey’s office filed a lawsuit Tuesday against a Florida collection agency for allegedly trying to collect unverified and non-existent debts.