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The current overdraft rules could use some tweaks, but it should largely remain the same to protect consumers.

The company will work on Libra, but won’t issue digital currency without proper authority; the bank’s profit dropped 8% on reduced revenue.

The information you need to start your day, from PaymentsSource and around the Web. Today: France set for crypto regulations; Giant Eagle plans no-checkout stores; PSD2 has gaps; Square's hiring more crypto engineers.

America's farms have taken on near-record levels of debt in recent years, and commodity prices and trade wars are putting pressure on farm country. That could spell bad news for bankers that lend to them.

After FASB's decision to give most credit unions and banks extra time to prepare, lobbying groups are pushing for more.

The system has made it easier for mobile wallets and other technology providers to enter India's payments market, and will push the next steps toward real-time payments and cash reduction, says Somya Patnaik, senior product manager at ACI Worldwide.

Transit systems are attracting contactless payment technology, but there are other options on the horizon that could make boarding easier than tapping a card or smartphone — provided riders are comfortable with an experience like something out of Minority Report.

The ruling deals a blow to efforts by the Department of Housing and Urban Development to restrict nonprofit housing funds from operating on a national scale.

Executives at the Minneapolis bank, who expect two Fed rate cuts this year, said they can rely on growth in noninterest income to soften the blow.

The Lutherville, Md.-based credit union returned $1.25 million to members in the first half of the year, on the heels of a $2M payout last year.

The consumer bureau said banks are "uniquely positioned" to know if an elderly customer is being targeted by fraudsters.

After FASB's decision to give most banks extra time to prepare, lobbying groups are pushing for more.

Bank of America says rate cuts could reinvigorate mortgages and that its digital and cards strategies will help it grab more market share to offset shrinking margins.

Democrats called on the social media company to halt its Libra project, while Republicans said Congress should keep the door open to innovation.

The former mutual, which had faced pressure from an activist investor, agreed to be sold to Corporate America Family Credit Union.

The South Dakota company warned that it will charge off millions of dollars in loans to dairy and cattle farmers.

Alleged discrimination over immigration status is the latest legal headache for Wells Fargo.

Swift is building out its Global Payments Innovation (GPI) service to allow corporations to initiate and track payments across all of their banking partners from a single source.

Card issuers are accustomed to a world in which consumers choose which card to use at the moment they make a purchase. But in the Amazon Go model that more retailers want to emulate, that choice is made long before the shopper enters the store.

It's created a new digital assets and distributed ledger group, trades bitcoin futures and is funding a crypto exchange.