Fintech

Visa, Mountain America Credit Union and Fingerprints AB were thrilled with their biometric card test, but also faced the grim realization that real world infrastructure may not be as accommodating.

JPMorgan's chief cautioned against expanded regulation for big companies, arguing that businesses contribute to the economy.

Zelle doesn't require a bank or credit union to participate in its network to allow it to receive funds; so even Zelle holdouts will see some activity on their accounts. This allows credit unions to compare members' demand to usage, and to determine whether signing up with Zelle is worth the trade-offs.

An examination of industry sales tactics conducted after the Wells Fargo scandal found that credit card accounts (not checking or savings) were the largest source of account openings without customer permission.

It will also invest in mortgage and small-business lending and in neighborhood revitalization efforts there. The moves are part of a nationwide expansion by the largest U.S. bank.

Just as Green Dot leveraged partnerships with the likes of Uber and Apple to expand its reach, Netspend also is looking to its retail partners including Kroger, CVS and Kohl’s for new digital payment use cases.

It's a testament to Piepszak's ability to get things done that the bank picked her last year to run one of its most consequential business lines.

Offereins led to Discover's payments business to another year of strong growth while setting in motion a bold plan to disrupt the point-of-sale experience.

When many of Synchrony's employees in Puerto Rico where unable to work after Hurricane Maria struck the island last year, CEO Margaret Keane made sure that their paychecks kept coming.

Before Hurricane Florence hit the U.S. this month, certain merchants prepared by stocking up on an unlikely item in the digital payments era: 1970’s-era carbon paper credit slips.