Retail & Commercial

MasterCard is forming a cross-industry group to collaborate on U.S. EMV card migration, open to "every industry and entity" involved in chip cards — but Visa says it is still waiting for an invitation.

In a legal filing, the OCC made its argument that regulators acted appropriately when they closed the Denver thrift in early 2010.

Green Dot Corp. said Monday that it has signed a new multi-year distribution deal with Dollar Tree Inc. and extended its contracts with other partners.

Yahoo said it is selling up to half its stake in Alibaba Group back to the company.

Small-business owners are struggling to grow and hire — and they're blaming difficulties in securing financing, according to a Pepperdine University business school survey.

MasterCard today made the first move to begin talking with rivals and customers about how exactly the U.S. will adopt the EMV chip-card standard.

Banks are doing what they can to avoid depressing home prices, by focusing on reducing foreclosures rather than flooding the market with their backlog of properties.

A government watchdog is recommending the Consumer Financial Protection Bureau implement several additional internal controls to avoid misappropriation of assets or inaccurate financial statements.

The number of women serving as bank directors has hardly changed in the past decade and this year's annual meetings are doing little to move the needle.

Credit unions must adjust soon to the impact of mobile payments, which can disrupt their revenue from traditional payment systems like credit and debit cards.