Banking

With credit discrimination still legal in many states, the Michigan-based institution aims to help this marginalized group.

Digital financial services provider Revolut is expanding a partnership with Visa that will allow it to nearly double its global footprint by adding 24 new markets, including the U.S.

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

Nearly a third of the women in the annual ranking are new additions, the largest amount in years. Here's an overview of the changes. Plus, Citi's Corbat on its bold gender equity move, and Wells Fargo's less bold CEO decision.

Charles Scharf’s most immediate priorities will be mending fences with regulators and getting the bank out from under a Fed-imposed asset cap. But he also must come up with strategies for spurring revenue growth and reining in expenses.

Caught in the middle of a credit-subsidy debate, the program would have shut down on Tuesday without congressional action.

Congress should consider acting quickly or companies could treat the Golden State's new data privacy restrictions as a national standard.

Ernest Pinner, who co-founded the Florida company in 1999, will become non-executive chairman in January.

Warsaw Federal will keep its name and charter after joining First Mutual Holding in Lakewood, Ohio.

Rep. Denver Riggleman, R-Va., explains why he has introduced legislation requiring greater transparency over the Federal Reserve’s forthcoming payment system.

A research paper says the president’s constant criticisms are driving Fed policy, directly or indirectly; the huge demand by banks for cash may be the result of tougher regulations.

The regulator has pledged to put forth a rule on credit union-bank purchases before the end of the year. It's likely to lead to another clash with bankers.

The information you need to start your day, from PaymentsSource and around the web. Today: Uber's new loyalty; Ant and Monsanto team on blockchain; McKinsey opens demonstration store in the Mall of America; U.K. improves breach fight.

Their challenge is creating a viable, profitable product that doesn't get flagged for being predatory.

An initial review determined that lax oversight at Enloe State Bank allowed for the origination of more than 100 allegedly fraudulent or fictitious loans.

The Kingston, N.Y.-based institution can now serve those who live and work in seven counties.

A hearing on legislative proposals exposed a sharp partisan divide over a regulatory plan to restrict the frequency of collection calls.

By 2025, millennials will represent 75% of America’s workforce, making this generation a key demographic for credit card growth.

Wells Fargo still having trouble finding permanent CEO; Some lenders are using the deals to keep their best customers.

The information you need to start your day, from PaymentsSource and around the web. Today: Mastercard and Rabobank make payments push for emerging markets farmers; PayPal makes inroads with streaming content in India; Amazon builds smart glasses; Daimler adds more blockchain payments.