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Neff, who joined the company in 1999, gained oversight of retail banking with the promotion.

The company sold securities in the fourth quarter to stay below $10 billion in assets and avoid a cap on interchange fees.

Bankwest customers in Australia may soon be making payments with a fist bump.

Ant Financial, the internet finance behemoth controlled by billionaire Alibaba founder Jack Ma, has apologized for roping unsuspecting users into its fledgling but fast-growing credit-score system.

After a six-month transition period, Mark Midkiff will succeed Bill Hartmann later this year.

PHH Corp. agreed to a $45 million settlement to resolve allegations from 49 states and the District of Columbia that it engaged in "foreclosure process abuses" involving "inconsistent signatures" in its servicing business from 2009 to 2012. The settlement comes as the nonbank mortgage company continues its legal challenge to a separate regulatory action by the CFPB.

The payments industry is getting pulled in two directions, as technology and e-commerce promise a borderless future for transactions while political forces apply the brakes.

Kevin Stein, who runs a private equity firm, has also supervised banking groups at Barclays and FBR Capital Markets.

After a year of trying to appease U.S. regulators, Ant Financial and MoneyGram have terminated their merger agreement, challenging the Chinese company's strategy for global expansion.

CSCU will continue as a separate, card-processing entity.

Doug Bowers contends that last year’s leadership shake-up, job cuts and corporate governance overhaul will make the company more competitive in its home state.

The assessment from the central bank means MidSouth faces restrictions on board appointments and executive duties. Last year the OCC called the Louisiana company a "troubled institution."

Acquirers announced deals in California, Missouri and Pennsylvania on the last business day of 2017, raising the year's final tally to 245 transactions.

While interest from the West has so far been tepid in the region, this is an opportune time for fintech investors to look at participation in the Southeast Asian market, writes Alexander Koles, CEO and founder of Evolve Capital Partners.

Some of the most important work in payments happens before the transaction, when retailers have to make sure their devices can handle the new technologies and card types that are about to get thrust upon them.

Carter Bank & Trust’s founder shunned internet banking and handled most executive duties himself. He died in April and his successor, Litz Van Dyke, is now working at breakneck speed to modernize this once-hidebound Virginia bank.

Members will receive 2 percent return on loan finance charges, bonus dividend.

China's central bank has put the brakes on mobile and e-commerce payment schemes in the past, mostly from the standpoint of having a wary eye on third-party players elbowing their way into financial services.

Here we take a data-driven journey into 2018 and some of the key trends that we’re likely to witness.

China's Ant Financial Group, the company behind Alipay, was among eight companies that EMV standards governing body EMVCo has named as technical associates to its secure-payment consortium.