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It may seem odd at first that Square is using the Cash app as a testbed for bitcoin, but if Square Cash is ever to distinguish itself from the bigger options in P-to-p, it needs to take risks that Square can't afford with its primary customer base.
November 15 -
It’s not about saving money. The current allure of open source development is more about attracting talented developers and creating high-quality software.
November 15 -
The private-equity firm Cerberus Capital Management has taken a 3% stake in Deutsche Bank four months after buying a 5% stake in another German lender, Commerzbank.
November 15 -
Departing chairman Martin Gruenberg says the financial system is still vulnerable to unforeseen shocks; bank offers ways for customers to avoid overdraft fees.
November 15 -
The Cleveland Fed's conclusion that U.S. consumers are typically worse off after getting online loans encountered strong pushback from industry groups and the company that provided the data.
November 14 -
Lisa Cochran and Yasaman Hadjibashi bolster tech leadership in Citigroup's global bank operations.
November 14 -
Banks and their regulators quickly got back up to speed in markets hit hard by recent hurricanes, thanks in part to the lessons learned in the aftermath of Hurricanes Katrina and Sandy, a panel of regulators said Tuesday.
November 14 -
National Payment Corp. of Vietnam (NAPAS) and Ant Financial Services have signed a memorandum of understanding for a strategic partnership extending acceptance of Ant’s Alipay wallet to Vietnam.
November 14 -
Only a few banks have so far integrated with Amazon’s personal voice assistant service.
November 14 -
Federal Deposit Insurance Corp. Chairman Martin Gruenberg on Tuesday opposed efforts to roll back “core reforms” to bank regulation that were implemented after the 2008 financial crisis, but said some review of the Dodd-Frank law is warranted.
November 14 -
This week's first transaction over The Clearing House's Real-Time Payments system may be a huge step for speeding up payments in the U.S., but it also highlights the long road still ahead.
November 14 -
More stringent underwriting is the likely reason banks and credit unions are seeing relatively low levels of delinquencies on car loans to high-risk borrowers.
November 14 -
Louisiana-based credit union says its request is one of the largest ever approved by NCUA.
November 14 -
Under changes announced Tuesday, the San Francisco company will provide a one-day grace period on overdraft fees to its direct deposit customers. It also eliminated overdraft fees on all transactions of under $5.
November 14 -
TruSight will assess, validate and monitor vendors on behalf of the consortium, which is expected to expand.
November 14 -
Bipartisan proposal would remove the SIFI label from more than two dozen banks; European regulator cautions investors on the risks as bitcoin price plunges.
November 14 -
It was a decidedly mixed bag for banks and credit unions in the Senate regulatory relief bill, with some institutions doing quite well while others were left out in the cold. Following is a guide to who was helped — and who lost out.
November 14 -
Jerome Powell has been in the public eye for decades. But what he would actually do with the job is unknown. American Banker reporter John Heltman explains.
November 14 -
Following in the footsteps of Chase, Wells Fargo and others, Fidelity is launching an application programming interface to let third-party apps access customer data — as long as the customers grant permission.
November 14 -
In his first major move as CEO, Charlie Scharf has made several management changes at Bank of New York Mellon.
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