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Shares of HSBC Holdings Plc, Europe's largest bank, fell the most in two months in London trading after first-quarter revenue missed analysts' estimates and costs increased at a faster pace.

Bankers give too much credence to futurists and financial gurus who warn that technology will render the in-branch experience obsolete.

Wells Fargo & Co. was sued by Los Angeles for allegedly opening accounts and issuing credit cards without customers' authorization as part of what the city called a "fee-generating machine."

DOJ Probes Fed Leak; B of A Gives Shareholders a Say in Chair Role

Two House Financial Services Committee members introduced a bipartisan bill late last week that is designed to give lenders breathing room when new disclosure rules go into effect on Aug. 1.

Because biometrics can't be reduced to a single hash (a number generated from a string of text), providers that store biometric information must rely on the security of their encryption keys for safekeeping of data that can't be revoked.

The latest innovations that enable and secure mobile payments are adding so much complexity to the deployment process that they may exceed the expertise of the companies putting them in place.

PayByPhone is bringing mobile payments to parking meters in cities around the world, and the vendor argues that its platform will attract consumers that don't want a different app for every city they travel to.

A big problem holding back mobile payments is a "chicken-and-egg" issue that Apple Pay's U.S. rollout and pending debut in Europe can reverse.