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Lawmakers advanced legislation that would require banking regulators to give annual testimony to lawmakers and would mandate regular reports on cybersecurity efforts.

Regulators are beginning to recognize the importance of using alternative data to provide credit for the underbanked. Now is the time to expand its use across the industry.

Visa is ready to go all-in on Secure Remote Commerce, the technology behind the card brands' universal "click to pay" button, by starting to phase out the Visa Checkout brand for U.S. merchants on Jan. 21.

The rebound, combined with strong earnings from debt underwriting and consumer banking, pushed net revenue for the period to the highest since 2015.

Wells Fargo & Co. may have a new leader, but the work of reinvigorating the firm after years of troubles is far from over.

Bank beats estimates as earning soar 21%; a cyberattack on the American banking system could create havoc on financial stability.

Fueled by a rebound in trading, especially in fixed income, the company said profit jumped 21% in the fourth quarter, pushing annual earnings to a record $36.4 billion.

Tech giant Google continues to face criticism for the company’s reported efforts to obtain the health records of millions of Americans without their awareness or consent.

The percentage of consumers who are past due on home equity loans, RV and other personal loans also rose in the third quarter, data released by the American Bankers Association showed.

BBVA’s not sure if consumers or merchants will want to use an e-commerce marketplace to make bill payments in the same way they buy clothes — but if they do, BBVA wants to be the one to provide the necessary technology.

In the battle to control consumer data, Visa has made a major score by agreeing to acquire Plaid, a technology company that it could have seen grow into a competitor.

In the battle to control consumer data, Visa has made a major score by agreeing to acquire Plaid, a technology company that it could have seen grow into a competitor.

The purchase price is double the fintech's valuation in a 2018 funding round.

Despite changes by the Federal Housing Administration, bankers remain reluctant to join the program for fear of legal liability. But that could change if it revamps servicing processes, experts say.

The Providence, R.I., bank said that Rick Suarez would succeed Rob Clarfeld as head of Clarfeld | Citizens Private Wealth.

Stephen Calk and the bank where he formerly served as CEO are both arguing that his bribery trial should be held in Illinois. Prosecutors oppose the move.

Samsung's upcoming XCover Pro phone, which can accept contactless payments without add-on hardware, is the first of what Visa hopes will be many devices capable of natively handling NFC payments.

Mastercard has appointed Raj Seshadri as president of its data and services organization, succeeding Kevin Stanton, who starts a new role as chief transformation officer.

President Trump's impeachment trial could get underway in the Senate this week, making it even harder for the movement's legislative priorities to gain traction.

WhatsApp may be a great way to communicate with friends, but when Wall Streeters touch it, their firms get very nervous.