Fintech

More consumers fell behind on their loans in the third quarter of 2018, even as average wages rose and the unemployment rate fell to a 50-year low.

The agency is unable to process loan applications and faces a daunting backlog once Washington returns to work.

A director in the foreign-exchange department of American Express has been suspended, as the card brand continues to investigate pricing practices in that division of the company.

Issuers should take seriously critics’ claims that they need to monitor the sale of guns more closely, before policymakers force the issue.

The credit union service organization based in Florida has returned more than $500 million in patronage dividends since 1994.

A machine learning-driven analysis can aid with risk, financial performance and fraud prevention, according to Anant Kale, founder and CEO of AppZen.

CEOs on the hot seat. Banks fighting to stay independent. Comfortable players ripe for disruption from Amazon and others. It is shaping up as a riveting year.

Wire transfers have higher fees and fraud risk than other methods, according to Chen Amit, CEO of Tipalti.

The market for cross-border person-to-person (P2P) remittances is massive. It experienced double-digit growth in 2018 as consumers migrated from one country to another in search of better economic opportunities, as well as to escape political and financial upheaval in their home countries.

Mastercard is counting on its logo to do the talking. It plans to drop its name from the Mastercard symbol in some physical and digital marketing and advertising situations.