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A customer who sued Chase over credit card interest charges is now asking a judge to order the bank to stop notifying cardholders about its plan to reinstate arbitration.
June 21 -
Banks are increasingly turning to outsiders like Nikki Katz, a former Disney executive now at Bank of America, and Joel Kashuba, formerly of Procter & Gamble and now at Fifth Third, to help build their digital experiences.
June 21 -
Libra has only been public for a few days, but it has been enough time for regulators around the world to savage the project and schedule hearings. Jorn Lambert, executive vice president of digital solutions for Mastercard, said the project's objectives are aligned with the regulators' concerns.
June 21 -
Public-sector development of a speedier settlement service, to operate alongside the one being developed by The Clearing House, is crucial for seeing that institutions of all sizes are able to take advantage of this technology.
June 21
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Customers of Marcus, the consumer lending arm that launched in 2016, defy easy categorization, according to an executive at the Wall Street bank.
June 21 -
The Credit Union National Association’s summer conference in Orlando offered attendees insights into service, succession planning, collaboration and more.
June 21 -
If Libra becomes a major financial force, the stability of global finance is on the line.
June 21
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The bank believes its U.S. unit will pass this year’s stress test but Fed restrictions will stay; COO is the second member of CEO’s inner circle to leave.
June 21 -
The Facebook digital-currency unit has a logo nearly identical to that of the challenger bank Current, which has been around since 2015.
June 21 -
Facebook’s Libra shows technology companies are a far greater threat to a bank than other banks, argues Token.io’s Marten Nelson.
June 21
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Readers weigh in on big tech companies walking away from OCC's fintech charter, House committee wanting Facebook to halt Libra, calls to stop Congress from delaying CECL, and more.
June 20 -
Bill Ready, the former CEO of Braintree who helped PayPal build its digital strategy over the past six years, announced plans to leave the company.
June 20 -
Credit union executives discussed serving the legal marijuana and hemp businesses during NAFCU's annual conference in New Orleans, including vastly different motivations for serving the industry.
June 20 -
Whether it’s applying for a loan through a mobile app or building an investment portfolio via robo adviser, users want to know they can quickly and easily speak to a human being if they run into problems, top executives said at American Banker’s Digital Banking conference this week.
June 20 -
The NCUA proposed Thursday to put off until 2022 implementation of a rule that would require larger credit unions to hold more risk-based capital.
June 20 -
While a bill to require firms to identify their owners has gained bipartisan support, some small companies argue it is burdensome and would subject them to harsh penalties.
June 20 -
Community bank executives, payments officials and others said Libra faces an uphill battle amid heavy competition and regulatory scrutiny.
June 20 -
Large U.S. banks and merchants are finally working together to support contactless payments. But two of retail's biggest chains, Walmart and Kroger, aren't on board, and for good reason.
June 20 -
Amazon’s move pressures other merchants to add speed to e-commerce delivery while adding a few more steps to vet payments, writes Monica Eaton-Cardone, COO of Chargebacks911 and CIO of its parent company Global Risk Technologies
June 20
Chargebacks911 -
President Trump has told confidants as recently as Wednesday that he believes he has the authority to replace Jerome Powell as chairman of the Federal Reserve Board, according to people familiar with the matter.
June 20



















