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Consumers will be able to avoid manually entering a full account number on a mobile screen.

Citigroup plans to exit the mortgage-servicing business by the end of 2018 to focus on making new loans.

The CFPB several years ago announced plans to introduce formal rules for prepaid cards. Issuers were optimistic, but when the agency finally published its rules, they exceeded 1,600 pages and contained some surprises.

If offering a national regulation option to fintech players is the carrot, compliance with commonsense borrower protections could be the stick in promoting responsible financial innovation.

Connected cars are going to create new revenue streams, not just for automakers, but also for financial services providers.

Despite their global reach, the largest U.S. banks mostly stayed quiet in response to President Trump’s ban stopping nationals from certain Muslim countries from entering the United States.

The banking trade group confirmed that it has run a formal bidding process to find a partner.

The upcoming launch of Zelle gives Chase, B of A, Wells Fargo and other large banks an opportunity to correct their past mistakes.

How can AI help consumers spend and save wisely? If friction should be added back into the system, can we put it where it is useful, not frustrating?

Critics fear a large player obtaining a charter could quickly be seen as systemically important to the economy, while supporters argue there will be safeguards in place.

Federal and state regulators on Friday announced that BB&T has agreed to a consent order over weaknesses in its Bank Secrecy Act and anti-money-laundering program.

Philip McHugh, a top-ranking executive with Barclaycard, will join the processor Total System Services Inc. as its senior executive vice president and president of merchant solutions, effective May 1.

Atlanta-based software provider Oversight Systems is working with Mastercard on a solution to help federal agencies ensure U.S. government spending on purchasing cards and other expenses are in compliance with policies.

Starbucks Corp.’s much-ballyhooed mobile-ordering system has brought a painful side effect to the coffee giant: traffic jams at the pickup counter.

Alipay's deal to buy MoneyGram for $880 million may be the centerpiece of its strategy to expand beyond China's borders, but it's not its first move in recent months. The Alibaba payments affiliate has already extended its reach in several other ways.

Amazon.com Inc. and PayPal Holdings Inc. have discussed letting shoppers pay for Amazon purchases using their PayPal accounts, highlighting how PayPal can attract new partners since its 2015 split from Amazon rival EBay Inc.

The U.S.-to-China payments corridor is one of the biggest in the world, according to the most recent World Bank data. It is dwarfed only by the U.S.-to-Mexico corridor, which the Trump campaign targeted as part of its border wall plan.

Democrats and progressive groups have drawn a line in the sand over Consumer Financial Protection Bureau Director Richard Cordray, hoping to capitalize on the successful march on Washington this past weekend to rally support for him and his agency.

TD Bank's consumer chief Michael Rhodes explains what service means in the digital age, why stress-testing is a good thing and why the bank is in no rush to make another acquisition.

Beyond reasserting Republican control over the agency for the first time since 2009, President Trump's appointment of Mark McWatters as acting NCUA chair is expected to have little immediate impact.