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More community bankers now say that cost of funds, not regulatory expense, poses the biggest threat to profits, according to a new survey.

By declaring that she has too much statutory power, the agency’s director has potentially opened a floodgate of litigation.

A shared cart that carries a consumer’s preferred form of payment throughout their purchase journey, regardless of which channel they begin and end with, can be a real differentiator for retailers.

The company could raise as much as $158 million by selling shares to the public.

A group of credit union employees and volunteers recently completed a National Credit Union Foundation training while other institutions snagged new talent.

Oak HC/FT is the lead investor in a $100 million round in Rapyd, a company that’s designed to serve a complex international supply chain.

The Montana company will pay $135 million for a bank with 10 branches in seven Arizona markets.

The regulator issued seven prohibitions for offenses including attempted theft and conspiracy to commit bank fraud.

A second activist investor is pushing the company's board to find a buyer.

There is no way to know exactly what the market will look like in 2023 or 2024 when FedNow debuts. First State Bank of St. Charles is working on a solution that can help its customers right away, says Luanne Cundiff, the Missouri bank's president and CEO.

The GSEs will hold onto a combined $45 billion as they start the process of going private; PayPal becomes the first foreign firm to win approval to enter the country’s payments market.

The information you need to start your day, from PaymentsSource and around the web. Today: Instagram extends shopping technology; Amazon Go considers movie theaters; J-Coin adds retailers; France releases e-invoice rule; Drive through worker snaps debit card pics.

Adoption of money management instruments offered by banks remains low. One expert explains why.

With the pace of credit unions gaining CDFI certification already slowing, a change to how the Treasury Department reviews applications could have an impact on institutions receiving grants.

More states are adopting mobile driver’s licenses, sparking hope of creating a shareable consumer-driven digital ID to power e-commerce and data sharing among banks, fintechs and merchants.

A lot of the legal risk for banks and traditional payment companies would go away under the law, said Anita Boomstein, a partner at Manatt, Phelps & Phillips.

In a long and storied career, Barbara Desoer has helped shape two of the largest banks in the country, Bank of America and Citibank. The most striking detail? Her biggest role came after she "retired."

With financial institutions relying more and more on cloud computing services, Washington is increasingly focused on the concentration of industry data in the big three technology giants.

The transition to Stein from Hadley Robbins is the result of a multiyear succession process, the Tacoma, Wash., company said. Robbins had succeeded the late Melanie Dressel.

House Republicans are pushing the CFPB to continue to allow banks and credit unions to estimate exchange rates and fees for money transfers.