Compliance

The agreement was likely the last of the big cases to be cleared by the Justice Department, and Wells paid less than its peers did to resolve the lingering mortgage probes stemming from the meltdown.

Wire and other payments fraud affected a record number of businesses last year, and the FBI is warning in particular about real estate scams.

London-based fintech Flux is leveraging open banking and PSD2 to work with U.K. banks and retailers to give their customers paperless receipts, digital loyalty stamps and digital cashback offers.

Mobile e-commerce is growing fast, and online retail fraud levels are keeping pace with this expanded sales volume.

A group of rival trade associations have put aside their differences and come together to emphasize to Congress the need for increased standards for retailers.

In the months since President Trump’s America First policies forced China's Ant Financial to abandon a proposed deal to buy Dallas-based MoneyGram, the U.S. company has forged other key partnerships to build a global digital remittance network.

In a win for bankers, a new state law is forcing major changes at two Iowa credit unions – and analysts say CUs in other states could face the same fate.

The U.K.’s Food Standard Agency completed its first successful blockchain pilot this month, with plans to expand the test in August.

The Trump administration is making more than 80 recommendations to encourage financial innovation within a regulated space, including endorsing the creation of a federal fintech charter.

The announcement follows a news report that said it routinely and without notification charged higher rates than it initially quoted.