Policy & Regulation

One Hour Translation, which touts its expertise at translating documents from over 70 languages, is no expert at translating payments across different currencies. For that, it needed help from BlueSnap.

"Bitcoin." Just mentioning the digital currency brings about either a passionate discussion by enthusiasts or vehement criticism that near-anonymous payments are for criminals. In the following interview, serial tech entrepreneur Andreas Antonopoulos talks about the digital currency's rise to fame and the consequences of its popularity.

JPMorgan Chase's decision to freeze much of its credit card debt collection operations ahead of regulatory actions appears to have cost it hundreds of millions of dollars.

The Federal Deposit Insurance Corp. on Tuesday could leave the door open to making further changes to a batch of capital rules for U.S. institutions.

After a weeklong holiday recess, the House and Senate banking panels kick-off the week with several hearings on the Dodd-Frank Act and the Consumer Financial Protection Bureau.

Mobile payment processor Net Element International Inc. has agreed to acquire European payment network and terminal provider Quickpay in a move to gain traction in Russian cash-based markets.

The House and Senate banking panels have a packed schedule this week, returning from a weeklong holiday recess with hearings on the Dodd-Frank Act and the Consumer Financial Protection Bureau that could produce some fireworks.

Sen. Elizabeth Warren may have a reputation as the banking industry's toughest foe, but behind the scenes she's formed a growing alliance with community banks, a widespread and politically powerful group.

The Fancy, an online shop with items culled by customers, raised $53 million from investors including American Express Co., billionaire Len Blavatnik and actor Will Smith, people familiar with the matter said.

A former debt collector was found guilty last week of three counts of aggravated identity theft, three counts of wire fraud and one count of conspiring to defraud the United States by filing fraudulent federal income tax returns, according to the U.S. Department of Justice.