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Interoperability has become a top priority in the minds of those advancing faster payments.

Membership was previously only available to consumers in five counties.

The Bank of England fined Citi $57 million for failing to properly report capital and liquidity levels at its European investment bank and other global operations.

Rodney Hood, chairman of the National Credit Union Administration board, visited a Connecticut institution while others announced personnel changes.

Bank regulators are considering a bypass to the 2015 court ruling governing loan sales that would ultimately offer more credit options to entrepreneurs.

The Bank is poised to pick two people to handle Simon Potter’s former job; Securities backed by subprime U.S. car loans are “going gangbusters.”

Discover adds PayPal rewards; Nike gives Apple Card a leg up; and other information you need to start your day, from PaymentsSource and around the web.

The mobile point of sale platform Clover was a star in First Data’s attempts to diversify beyond payment processing. First Data's new owner, Fiserv, sees a similar role for Clover — with sports becoming a prime venue.

Credit Union Journal's annual showcase of some of the industry's most innovative and effective growth strategies.

Fraudsters have access to vast quantities of personal identifiable information and can look very authentic. Therefore, it is better to diversify and utilize multiple sources of data to help protect your business.

A proposal to modernize the Community Reinvestment Act could be just a snippet of what regulators try to accomplish as they wrap up 2019.

Lenders contend the proposal goes beyond policing third-party debt collectors and could expose banks to enforcement actions and lawsuits.

More than half of U.S. counties lost access to bank branches between 2012 and 2017, with rural counties that have less educated and minority residents especially hurt, the central bank said.

The $7.6 million-asset shop is the latest postal credit union to be absorbed by a larger institution.

Several banks have reported spikes in substandard loans, special mention credits and watch-list relationships. What does it all mean?

A 10% cut next year, which will be identical to the fee reduction this year, is projected to save the industry about $85 million.

Democracy Forward filed the lawsuit Monday against the consumer bureau, Director Kathy Kraninger, the U.S. Department of Education and Education Secretary Betsy DeVos.

India’s digital payments pioneer Paytm announced new funding from existing shareholders like SoftBank Group Corp.’s Vision Fund and new investors, as competition in the country’s finance sector heats up.

A new survey finds that more than half of respondents planned to do most of their gift shopping through a smartphone.

On Jun. 30, 2019. Dollars in thousands.