Fintech

In banking, as in any other industry, a company's brand is a precious commodity. But as the digital economy matures, card issuers are finding a greater need to hand the reins over to their partners.

Payments stayed the same for years, then started evolving rapidly. That has issuers considering different ways to help consumers manage the change.

One of the potential benefits is peer-to-peer connectivity, which could spark P-to-P and other types of digital transfers.

Stonegate Bank in Florida figured its balance sheet was too small and undiversified to stay independent. But it was choosy in approaching potential buyers and aggressively scrutinized the lead bidder’s loan book.

As mobile devices get more complex, self-help will become vital to attract m-commerce and payments, writes James Ramey, CEO of DeviceBits.

Republican leaders acknowledged that they will not be able to use the Congressional Review Act to overturn the CFPB's prepaid card rule.

The Pasadena, Calif., firm also reported growth in the number of active prepaid cards for the first time since the second quarter of 2015. Profits rose by 24%.

Banks and credit unions are often pressured to compete with third party mobile wallets to protect their brands. But it's unclear if that strategy is helpful in attracting consumers.

Alipay wants to leverage the millions of Chinese customers who travel abroad by offering them services in different parts of the world.

The Durbin Amendment is on the chopping block , which could reverse years of savings for merchants and consumers.