Compliance

Open source development has joined blockchain technology in a bid to take a bite out of banks' long-standing control over the international payments market.

By establishing its e-commerce fraud prevention system as a "mobile first" platform, Forter worked to get a step ahead of a growing trend — that many new retailers accept only mobile payments through their apps.

The new standard protects competition for businesses and issuers of all sizes, and should not be repealed.

WASHINGTON -- In a speech defending his support of Republican presidential nominee Donald Trump, PayPal co-founder Peter Thiel faulted both major parties for letting recent financial bubbles occur under their watch.

NCUA banned five former credit union officials from the industry for convictions tied related to embezzlement, grand larceny, falsifying business records and other crimes.

Hitachi Ltd. is introducing a system to protect people from being conned into transferring money from their bank accounts at automated teller machines.

The world's third-largest bank hasn't given up on bitcoin.

As banks grow and their business models become more complex, some find that adding a general counsel to the staff makes sense. Bank SNB in Stillwater, Okla., says hiring one allowed it to reduce its legal fees by 80%. Here are the pros and cons.

Samsung sees banking as a long game, and Samsung Pay is its first move. As mobile banking grows, the Korean electronics company believes financial services is ripe with opportunity.

A financial report due out soon could reignite a battle over whether the Federal Housing Administration should again reduce its annual premium.