Fintech

Three years ago, payments technology provider Dwolla submitted a 164-page proposal to the Federal Reserve's Faster Payments Task Force. This week, the Fed unveiled a plan for its own faster payments system, but Dwolla had already moved on to other projects.

As technology advances, new terms are existing with older vocabulary, causing potential confusion that challenges user experience, says NvoicePay's Alyssa Callahan.

Consolidation heated up in recent weeks after a tepid start this year. Here is an overview of noteworthy deals announced in June and July.

As Apple Card’s public test begins this week with a limited number of consumers, details are emerging about how the tech giant is differentiating its product from other cards.

Managing compliance and breach risk make it harder to offer a good customer experience, but the cost of friction may be even higher, argues Bob Janacek, CEO of DataMotion.

Credit unions not actively thinking about mergers are at risk of missing out, an industry expert warned at a recent conference.

The company will pay $43 million in cash for a bank with seven branches and $209 million in deposits.

With margins under pressure and competition intensifying, a number of community banks are zeroing in on underserved markets.

China's decision to stop buying U.S. soybeans and let its currency depreciate raised the prospect of further interest rate cuts. That hurt banks slightly more than the rest of the market on what was a bad day for all equities.

Beacon Business Bank hired former Boston Private executive John Delaney as its new leader.