Compliance

The CFPB's rapid pace is likely to continue this year as it tackles some of its trickiest areas yet, including payday loans, debt collection and overdraft protection, which are likely to have a significant impact on the financial services arena.

Brazil's central bank has approved a joint venture between Banco do Brasil SA, the nation's largest bank by assets, and card payment processor Cielo SA, but the bank cannot claim accounting gains in its projected profits.

The payments industry is quickly adapting to new technology, new regulations and new consumer demands. Here are 15 of the industry's major transformations already in progress.

Consumers have long resisted security hardware such as one-time password tokens, as these devices typically slow down the payment process. But shoppers may finally be willing to give up a little convenience for some peace of mind.

Customers give slightly higher marks to retail banks for their overall customer service than they do to credit card issuers, even if the credit card service is a division of the same bank, according to a recent survey of credit and debit cardholders.

The fast food chain Chick-fil-A has confirmed that it was the victim of a recent data breach.

NCUA on Wednesday published details on six prohibition orders it issued in December, barring individuals from working at federally insured financial institutions.

As payments providers shore up their security, using tokenization on top of biometrics on top of encryption, will there be a need for merchants to manage fraud on a per-transaction basis?

Some bankers are worrying that when retailers are no longer such fruitful targets, the hackers will redouble their efforts to break into banks.

NCUA released a video Monday aimed at educating executives about field of membership options available for federal credit unions.