In a departure from its decadelong strategy of embedding itself directly in merchants' checkouts — and a bid to add value — PayPal is launching support for Apple Pay and Apple's Tap to Pay.

The regional bank's play for a piece of the wealth management pie, under wraps for more than a year, has a unique twist.

The interest paid on consumer deposits has barely risen despite the Federal Reserve's aggressive rate hikes, writes Sen. Jack Reed, D-R.I., in letters to seven of the largest U.S. banks including JPMorgan Chase and Wells Fargo.

The potential for either chamber of Congress to turn over to Republicans and rising concern about inflation adds urgency to pass the Durbin-Marshall amendment on interchange fees, experts say.

The central bank is budgeting initial losses for its long-anticipated instant payment system, which is scheduled to debut next summer.

When credit union leaders are open to feedback from members and employees of many backgrounds, they can strengthen workplace morale and attract new customers, inclusion advocates say.