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Asset Recovery Associates told borrowers that it could sue them, garnish their wages and place liens against their homes, according to a consent order by the consumer bureau.

Amaten, Japan’s largest gift card exchange platform, is expanding its current operations using blockchain in partnership with the decentralized cloud computing network and smart contract provider aelf.

Cobalt Credit Union will absorb Community Hope FCU after being approached by the National Credit Union Administration.

Alibaba has added Adyen as a processor, giving the Chinese e-commerce giant an added option to acquire merchants to feed its business for Chinese travelers.

Institutions in the Badger State reported that lending was up by almost 6% and delinquencies remained at historic lows.

The company will pay $195 million for its first retail operations in the city.

Processors that rely on cross-border payments to reach new territories are feeling the economic squeeze of the looming Brexit deadline.

Two Michigan credit unions were sued by an individual who claimed their websites didn't comply with the Americans with Disabilities Act.

The Plano bank, which is being sold to Prosperity Bancshares in one of the industry's biggest M&A deals this year, was also worried about credit quality, a regulatory filing shows.

Raisin, originally a marketplace for bank-savings products, is buying 100% of Fairr’s share capital in exchange for Raisin shares as well as cash.

United Churches Credit Union, which has just one branch, can now serve anyone who worships in two counties.

Organizers of Silver River Community Bank must raise $17 million before opening.

The young professionals' development group is searching for a new manager following Lauren Culp's departure on Friday. She will remain in the industry.

Banks are expected to appeal last week’s field of membership ruling, but credit unions must also explain why part of their new rule doesn't discriminate.

The Unity, Maine-based institution, which should open in the fall, will provide member business loans and other products to local farmers.

The two credit unions are expected to complete the integration on Oct. 1 for a combined institution of nearly $3 billion in assets.

Recent legislation to lower auto insurance premiums in the Wolverine State could cut into noninterest income, but many institutions are still unclear on how much of a hit they’ll take.

The most popular payment method in Hong Kong is no longer considered safe by many protesters.

How is the Pennsylvania bank trying to differentiate itself in wealth management? By assembling a team of private bankers to cater to the complex needs of high-net-worth clients.

Miami’s mass transit system is adding contactless card payments on its Metrorail service as it combats ridership decline.