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Alipay wants to leverage the millions of Chinese customers who travel abroad by offering them services in different parts of the world.

Banks are often pressured to compete with third party mobile wallets to protect their brands. But it's unclear if that strategy is helpful in attracting consumers.

The Financial Stability Oversight Council discussed its designation of certain nonbanks as systemically important and the "efficacy" of the Volcker Rule at a closed-door meeting on Monday.

Banks are increasingly tightening lending standards for commercial real estate loans and are likewise seeing a drop-off in demand, according to a report released Monday by the Federal Reserve Board.

The German bank announced a project designed to create a single online registration for users across a number of industries.

Acting Comptroller of the Currency Keith Noreika should take some time to assess whether the agency’s fintech charter is developing in a way that best serves the public.

Fannie Mae and Freddie Mac issued proposals Monday to create pilot programs for loans on mobile homes, part of an ambitious plan for underserved and rural housing markets.

The $1.2 billion-asset credit union was recently approved for conversion to a federal trade, industry and professional charter, making it the first firefighters’ credit union in the nation chartered specifically for business lending.

Using mobile apps to control payment cards has become a popular security option among issuers.

The investors suing PayPal, who seek class-action status, say the company served as the payment processor for about $134 million in investments in Traffic Monsoon. They’re seeking at least $5 million in damages.

Charles Munger, the vice chairman at Warren Buffett's Berkshire Hathaway, said the leaders of his political party risk going too far in their efforts to reduce oversight of banks.

Automating transit systems is hard because of the local differences in automation and legacy infrastructure. Creating comfort with using mobile technology may be a step toward bringing automation to transport.

Guaranty Bank & Trust in Milwaukee was shut down by federal regulators Friday, just a week after one of the costliest failures since the crisis.

By banding together, banks can negotiate better terms with startups and other tech companies, FIS' chief operating officer says.

If proposed tax cuts were enacted, Fannie Mae and Freddie Mac would be required to make an initial adjustment that could wipe out their capital.

The card network and the aid organization have also worked together in China and Myanmar.

As Treasury Department officials review the Financial Stability Oversight Council’s designation process, they should also re-examine how the Dodd-Frank Act defines systemic risk.

The interagency regulator says it needs time to coordinate with member agencies on its SIFI designation process.

Amazon's new service is a chance for all retailers to examine their e-commerce strategy and come up with ways to keep people from leaving sites before making a purchase.

Some executives are shrugging off recent defaults as isolated incidents, but others say states’ uneven embrace of the Affordable Care Act, as well as potential changes to the law itself, have escalated the risks in lending to health firms.