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Goldman Sachs Group Inc.’s comeback quarter for trading was marred by a $1.09 billion legal charge as the firm gets closer to a settlement of the 1MDB scandal.

JPM, Citi shrug off low rates as strong economy propels profits; digital currencies start year with gains as optimism about its future grows.

Bank of America Corp.’s traders bounced back with their peers.

A shrinking industry and inadequate succession planning – particularly at smaller credit unions – is likely to increase competition for top talent and make executive recruitment even more challenging in the year ahead.

The specific impetus for the Federal Trade Commission's inquiry into Visa and Mastercard's debit transaction routing processes is not entirely clear, but it likely stems from the effect that advanced payments technology has had on Durbin amendment compliance.

Sophisticated attacks will show lower volume in many cases but attempt to emulate user behavior, says NuData Security’s Robert Capps.

Daily edition for January 15, 2020.

The Wyoming-based credit union will gain about $100 million in deposits as a result of the deal.

As the regulatory agencies have struggled to reach a consensus, a proposal championed by Office of the Comptroller of the Currency has divided lawmakers and been assailed by community groups.

Blue Federal Credit Union in Wyoming will also gain about $100 million in deposits.

The Charlie Scharf era began with the company's lowest quarterly net income in more than nine years. Culprits included falling revenue, rising salaries and yet more financial fallout from the bank's sales scandal.

The banking giant is counting on continued growth in cards, deposits and digital accounts to drive returns higher in 2020.

The San Francisco bank is also bulking up in Florida and Wyoming, no-tax states where many of its affluent clients have retired or have second homes.

The country's biggest bank is leaning more on fee income to offset rate pressures, expanding in selected U.S. cities and laying the groundwork for operations in China that CEO Jamie Dimon hopes will endure “for 100 years.”

The Colorado Bankers Association claims that state law bars Elevations Credit Union from buying Cache Bank & Trust.

The Colorado Bankers Association says Elevations Credit Union's purchase of Cache Bank & Trust doesn't comply with state statutes.

Before Visa agreed to acquire data company Plaid for $5.3 billion, Mastercard had been pulling ahead in the race among the card brands to break beyond reliance on basic processing fees.

Shopify has provided merchant cash advance services for the last three years for established online retailers, but newcomers with no transaction history typically were turned away.

The bank is investing in a new authentication platform because password-based security systems have too many weaknesses, says Juan Francisco Losa, BBVA’s global head of security architecture.

In a letter to the agency's inspector general, the 15 lawmakers pointed to specific cases where they said the bureau departed from legal standards in deciding not to require restitution.