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The company will pay $29 million for Cornerstone Financial Services.

Hispanics will make up more than half of new homeowners by 2030, and credit unions need to actively market to this demographic, according to a panel discussion at Inclusiv's annual conference.

The Tennessee company will gain access to the Bowling Green, Ky., market as part of the $52 million deal.

Fintechs that simply offer cosmetic upgrades to the cumbersome American banking system won't survive.

Months after retooling its Amazon Go store checkout process to accommodate customers who prefer to pay with cash, the e-commerce giant had added a way for consumers to pay for Amazon e-commerce purchases with cash at U.S. Western Union outlets.

The Fed’s injects funds into the repo market for first time in more than a decade; bank trying to partner firms with cash with those with market share.

The information you need to start your day, from PaymentsSource and around the Web. Today: Alipay's part of a mobile app bus; Postmates and the Yankees collaborate on mobile payments; Banks are wary of data sharing; Grab and Heineken partner.

A new registry aims to make it easier for credit unions to set up voice banking capabilities, but it remains to be see if consumer demand is there for this service.

Retailers have raised the bar in how they attract customers through rewards and loyalty programs, but not all are well-versed in how their technology also lures fraudsters.

With more players joining the lending industry, it's becoming a more crowded space, and business owners weighing their options are a bit overwhelmed, says Luke Intuit's Luke Voiles.

During a probe that grew out of the Wells Fargo scandal, BofA has acknowledged instances of "potentially unauthorized" accounts but said that the number of examples was "vanishingly small."

The agency's director told congressional leaders and staff that she backs a Supreme Court challenge to the bureau's leadership structure.

The plan approved by the Federal Deposit Insurance Corp. Tuesday would require banks to exchange initial margin only in deals involving external swaps parties.

Senate Democrats are warning the Consumer Financial Protection Bureau to be careful as it considers changes to its mortgage underwriting rules.

CEOs have been telling investors that if the Fed continues to cut interest rates, they will lower rates they are paying on deposits to minimize the hit to net interest margins. The danger is that if they lower rates too quickly or by too much, big depositors could go elsewhere.

A mortgage industry executive with ties to a firm penalized in a U.S. predatory lending crackdown is being considered by the Trump administration to run Ginnie Mae, according to people familiar with the matter.

Regulators have redefined a simplified capital measure for community banks following criticism that their 2018 proposal did not go far enough.

The popular program could go idle next month for the second time in less than a year if lawmakers are unable to approve a $99 million credit subsidy.

It's not a reaction to JPM Coin, the banks says, but a way to speed up international payments for corporate clients.

Travelex is rolling out a suite of B2B payment services through a new API-based platform and sandbox.