Fintech

Banks are looking to reduce their consumer credit risk exposure in the face of high unemployment; the drop in branch transactions is causing banks to rethink how many they need.

Paysafe is expanding the reach of its Skrill digital wallet to U.S. consumers who will be able to use it to send funds to 18 countries.

Coronavirus has made traveling a dicey proposition to begin with, but when U.K. consumers do venture beyond their homes during the pandemic, far fewer plan on using cash for payments.

Big banks call for blanket forgiveness of PPP loans under $150,000; Wells Fargo struggling to stay under asset cap amid pandemic, CEO says; banks are getting aggressive — and creative — to boost profits; and more from this week's most-read stories.

Japanese credit card giant JCB plans to use technology from FIS to enable cross-border QR code payments as digital wallet use rises across Asia.

Butte Community Federal Credit Union, which previously served just one county, added five more after getting regulatory approval.

The race to provide coronavirus relief for small businesses is opening new routes to fund payments, including underused credit lines.

Past is not prologue, and a successful strategy for becoming a top-performing bank in 2020 is very different from what it might have been just six months ago.

The Consumer Financial Protection Bureau seeks to address challenged posed by the sunset of the London interbank offered rate at the end of 2021.

Fallout from the coronavirus pandemic is pressuring banks that have relied on expansion efforts and fee income to produce outsize investor returns.