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Paysafe Group has introduced a cash-based online payment mechanism for people who don’t have bank accounts or don’t use cards online due to security concerns. The U.K.-based payments services provider is also expanding its presence in the U.S.

The Dallas company expects to report a higher loan-loss provision after the loans, which include two shared national credits, deteriorated in the second quarter.

The retired CEO of 1st Choice Credit Union and CU of Atlanta has been named the 2018 recipient of the Pete Crear Lifetime Achievement Award from the African-American Credit Union Coalition.

Ruoff Financial will make its first push into banking with the purchase of SBB Bancshares.

The veteran CEO will turn the reins of the $3.5 billion credit union to Dave Sweiderk, executive vice president and COO of OneAZ Credit Union in Phoenix

Visa, which was criticized for its vague explanation of a June 1 outage in Europe, was in the process of installing better technology, but the project was not complete at the time of the incident and won't be finished until the end of this year.

The idea of an email scam may bring to mind the clumsy phishing cons from the early days of online banking, but the tactic's latest incarnation is a bigger threat than ever.

U.K. private equity firm Dunedin says it has invested "a significant stake" in a £44 million (U.S. $58 million) funding round for Global Processing Services, which provides payment processing and technology for financial institutions, digital banks, challenger banks and fintechs.

The Connecticut company will have nearly $48 billion in assets after it buys First Connecticut Bancorp.

London-based TransferWise's business model has been to undercut traditional banks’ foreign transfer fees, and the company's marketing has long emphasized its role as a plucky rival to banks — going so far as to invoke a comparison to Robin Hood. But the company's offering can also benefit the banks that see value in making peace with an upstart.

Cost-cutting will be important, but for its acquisition of CoBiz to be a winner, BOK Financial will have to prove it can boost fee income as it has with smaller acquisitions.

Paytm, one of India’s most widely used mobile wallets, has added TV and games in an effort to keep users' eyes on its app as long as possible.

Western companies desperately want a chunk of China's vast domestic consumer payments market, though they may find themselves feeling lucky to be left out.

Square Inc. shares climbed to their highest price ever after New York granted the company a virtual-currency license, letting customers in the state buy and sell Bitcoin.

The deal for the Denver commercial lender joins a growing list of large acquisitions being announced in competitive urban markets.

As contactless cards continue their momentum in the U.K., new use cases are popping up for the tap-and-go technology.

C.G. Kum, who has been the Los Angeles company's CEO the past five years, plans to retire in May.

Visa has moved to cut its debit transaction fees in India by 95%, bringing it more in line with RuPay, India’s state-run domestic debit scheme.

Blue Lion Capital, which has been a vocal critic of the Seattle company's strategy, also wants management to consider selling its MSR portfolio.

Cadence first discussed a deal with the Atlanta target four years ago. But negotiations picked up steam once it was clear State Bank had another suitor.