The Latest

Visa will increase how much it reimburses banks to issue new cards compromised by merchants' data breaches, after some banks complained that the card network's payments were too low.

The Miami area's economy is on the rebound and expanding beyond sun and fun. A new influx of money, investors and customers with international ties could feed local banks' balance sheets and top-line growth.

NCUA announced Friday it approved a federal charter for another credit union — the Seneca Nation of Indians FCU — which will serve members of the Seneca Nation Indian tribe in western New York state.

Samsung has decided to discontinue its Samsung Wallet service as it prepares to launch Samsung Pay.

London-based Givvit has chosen Judo Payments to enable payments within its mobile gifting app.

The Federal Housing Finance Agency provided more details Friday about key features for the new single security that will be issued by Fannie Mae and Freddie Mac.

All of eBay Inc.'s 15 board members will remain with the company or become new board members of PayPal when it spins off from eBay in the third quarter.

NCUA announced Friday it approved a federal charter for another credit union — the Seneca Nation of Indians FCU — which will serve members of the Seneca Nation Indian tribe in western New York state.

Sen. Richard Shelby's attempt to reform Dodd-Frank could ease key bank regulations that improve the safety and soundness of big banks. That would be an immense disservice to the American taxpayers who might bear the cost of the changes with future bailouts.

While the payments industry has seen its fair share of division, many players are increasingly willing to work together.