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Stress tests, capital buffers and liquidity levels are best ways to make financial system safe; HSBC plans to layoff “several hundred” from investment bank.

The information you need to start your day, from PaymentsSource and around the Web. Today: Apple pushes its new transit technology; Pittsburgh's upgrading its transit system; Spanish biometric firm expands; PSD2 draws VC investors

London-based processor Checkout.com’s recent $230 million Series A investment is an indicator of investors’ huge interest in cross-border e-commerce and payments in emerging markets.

Facebook and Google were scammed out of more than $100 million, though artificial intelligence can help firms improve security, according to Anant Kale, founder and CEO of AppZen.

The stocks of a wide swath of publicly traded payments companies are rising faster than the overall S&P 500 index, potentially fueled by several mega mergers in the first half of 2019.

Readers weigh in on community development at BB&T-SunTrust, consider the role that branches play in bank marketing and debate the future of Fannie Mae and Freddie Mac.

The industry continues to push for an overhaul of the bureau’s leadership structure, but both parties seem uninterested.

Congress extended the National Flood Insurance Program through June 14, preventing the federal initiative from expiring on Saturday.

In a presentation Thursday, co-COO Gordon Smith expanded on Jamie Dimon's recent comments about frustrations in the mortgage market, was upbeat about branch profitability and discussed some of the bank's Chase Pay challenges.

In a strong labor market, credit unions and industry groups are adding new employees at a vigorous pace. Here are some of the latest new hires and promotions.

In stark contrast to his predecessor, C. Allen Parker said Thursday he accepts regulators' criticism and suggested that the bank may struggle to achieve revenue growth until it moves past its regulatory woes.

Paysafe has recruited TSYS exec Philip McHugh as its new CEO, a few days after news broke of the TSYS-Global Payments merger.

Mastercard has appointed Sasha Krstic president of its Canada operations.

SunTrust CEO Bill Rogers on Thursday explained the direction he and BB&T chief Kelly King are going with the new name, but gave no hints on what it is or when it will be unveiled.

Its CEO says organic growth is preferable, but after spending five years tackling a series of enforcement actions tied to BSA compliance, the Pennsylvania bank has options.

A planned merger between Van Cortlandt Cooperative FCU and USAlliance FCU was called off despite approval from regulators.

The London firm lags the three largest U.S. vendors but bets its new open banking platform can win it more business.

Grasshopper Bancorp will target the innovation economy in New York City and other markets across the country.

Members at Starcor Credit Union have approved the merger into St. Cloud Financial.

Uber Technologies Inc. is going nationwide with a program that helps those without a car — or the financial means to get one — drive for the ride-hailing giant.