Organization Root Tag

ICBA outlined a series of questions for lawmakers that would force credit unions to defend the industry's practices during meetings with local representatives.

JPMorgan would consider buying other businesses; collectors would be allowed to pursue debt past the statute of limitations, if they warn borrowers.

Recent political controversies are forcing credit unions and industry groups to reconsider their support for lawmakers they previously endorsed.

Mastercard wants to build confidence in open banking by addressing regulatory compliance, liability, and technology integration issues on behalf of its issuers and fintechs.

When we take advantage of new products and services, we frequently offer up our data as a cost to entry. In doing so, we are putting our trust in the organizations behind these innovations, says Interac's Debbie Gamble.

Though the agency plans to give more credit unions authority to issue subordinated debt, limited investor appetite and other factors could hamper activity.

Executives outlined changes in energy lending policies, said that the largest U.S. bank has only scratched the surface in middle-market credits and discussed their preparations in case of an economic slowdown.

The regulator completed a thorough process, which included ensuring investors would treat borrowers well, before settling on a buyer.

Deputy Director Brian Johnson spent more than two years serving under two separate CFPB directors. He will become a partner at Alston & Bird LLP next month.

The Payment Card Industry data security standard applies to organizations of all sizes, but has often been seen as an intro to data security for small-business owners who know more about cooking burgers than securing data.

Banco Santander’s global digital transformation has led it to Mexico, where the bank has agreed to acquire U.S. Bancorp’s Elavon Mexico merchant acquiring unit for about $84 million.

Because of its large U.S. network of about 14,000 fuel stations in the U.S., Royal Dutch Shell often sets the tone for industry movements in technology, including the EMV conversion, which faces an Oct. 1 liability shift.

The agency's director said both steps will come as part of an ongoing review of agency rules and show her "commitment under the law to be effective and evidence based” in providing clarity to stakeholders.

The FDIC’s Quarterly Banking Profile said lackluster net interest income, likely resulting from lower short-term interest rates, drove a decline in fourth-quarter and full-year earnings.

Cash may be sharing its place on the throne with other payment options, but is certainly not going away soon, says Cashmaster International's Gordon McKie.

Jennifer Piepszak, JPMorgan's chief financial officer, said the largest U.S. bank planned to borrow funds through the Federal Reserve's emergency lending facility in an exercise designed to break the stigma attached to that program.

Three key Republicans on the Senate Banking Committee said Monday that they remain undecided on President Donald Trump's nomination of Judy Shelton to the Federal Reserve Board.

Michael Miebach was already a major cog in Mastercard’s digital transformation and dealmaking, a path that will take him to the company’s top job when current president and CEO Ajay Banga transitions to executive chairman at the end of the year.

Legislation introduced Monday would go beyond changes the National Credit Union Administration put in place last year and increase parity with state-chartered institutions.

Payments firm announces leadership changes; the bank will place restrictions on fossil fuel lending while adding to sustainable projects.