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The firm wants to expand its acceptance in the United States only to accommodate Chinese tourists, a company official said Thursday. But the CEO of a U.S.-based payments firm expressed skepticism.

The addition of the conservative pundit could signal the Trump administration's intent to have a more direct hand in central bank policies, yet Moore could experience his own transformation as a Fed governor.

Seeking a way to help its employed shoppers manage their money, the Instacart grocery payments and delivery service is partnering with e-commerce payments provider Stripe to offer an Instant Cashout option.

Freddie Mac exchanged existing bonds from its portfolio for mirror certificates for the first time, completing a key test that is central to the creation of a uniform mortgage-backed security.

As more national banks leave smaller communities and focus on large customers, fintechs are creating an "Uber effect" with an easier experience. Small businesses are increasingly looking to borrow money and fund their growth initiatives, and need a partner who can deliver, argues William Phelan, president of PayNet.

Nearly a dozen Republicans joined all of the committee's Democrats in supporting the legislation, which would enable banks to serve legal marijuana businesses.

A new outreach effort will target parts of New York City to help boost membership at several African-American credit unions.

The Federal Housing Finance Agency is planning on finalizing its proposed capital requirements for the government-sponsored enterprises this summer, the agency's acting director said Wednesday.

The Department of Housing and Urban Development said it's charging Facebook with allegedly violating the Fair Housing Act by restricting who can view housing-related ads.

They haven't thrown in the towel yet, but comments by top executives at the two big banks suggested that their interest in finding financial services uses for distributed ledgers is wearing very thin.

Swedbank fires its CEO as New York State DFS probes alleged money laundering; the underperforming unit will be overseen by CEO Jes Staley.

Visa and Remitly have formed a partnership enabling U.S. consumers to send cross-border remittances in real time via Visa Direct, the card network’s debit push-payments service.

The Canadian bank recently caught flak over an ad in one of its branches that was seen as a slight against the diverse Boston community of Dorchester. Here’s what other bankers can take away from the episode.

The new cloud-based solution is intended to help financial institutions make quicker credit decisions by integrating consumers’ histories with advanced software.

The Federal Housing Finance Agency, by allowing Fannie Mae and Freddie Mac to split the CEO and president positions, let the companies dodge a congressionally mandated cap on executive salaries, the regulator's inspector general said.

Assemblywoman Monique Limon is in the “early stages” of exploring how to create a state-level Consumer Financial Protection Bureau as part of a broader push for more consumer protection for state residents.

As lawmakers discuss reform legislation, the president’s memo calls on agencies to draft both administrative and legislative reform options and deliver their reports “as soon as practicable.”

Senators dove into how to ensure housing finance reform serves lenders of all sizes, just as the Trump administration moved closer to crafting its own GSE plan.

The system is designed to help banks deliver more personalized financial advice and is meant as a challenge to traditional bank technology vendors.

Letters to eight bank CEOs from the Idaho senator were a rebuttal to calls by some Democrats for financial institutions to cut ties with firearms manufacturers, prison companies and others.