Banking

JWTT, created by former Wedbush Securities bankers, says it will use its connections to court business from other investment banks that were recently sold.

Salaryo and Joust are among the companies catering to a clientele of underbanked entrepreneurs, Uber drivers and the like. Venture capital dollars are starting to follow.

Vibrant Credit Union sees great value in converting its members to mobile and digital payments. And days like Amazon Prime Day can be critical for its digital wallet strategy.

Vibrant Credit Union sees great value in converting its members to mobile and digital payments. And days like Amazon Prime Day can be critical for its digital wallet strategy.

Vizo Financial Corporate Credit Union held its board election while other organizations announced promotions and awards.

With 20- and 30-somethings just beginning to build financial wealth, banks must orient their business to meet the needs of these consumers.

Vikram Pandit says digital push could force “creation of 21st century regulation”; Fed will conduct $75 billion overnight repurchase agreement operation.

The information you need to start your day, from PaymentsSource and around the web. Today: Starbucks extends IoT play in Japan; ECB board member calls for collaboration to counter Libra; Contactless transit pay reaches Rome; North debuts web pay for techie glasses.

The deal between one of the largest U.S. banks and a dominant data aggregator is designed to give customers more control over their data.

Staying on top of new threat sources isn’t easy, but things will keep getting worse if we can’t openly discuss the matter, says Monica Eaton-Cardone, COO of Chargebacks911 and CIO of its parent company Global Risk Technologies.

The launch of the products comes more than a year after Capital One wrested the Walmart partnership from Synchrony Financial.

Linda Lacewell, New York’s superintendent of financial services, said the CFPB's debt collection proposal does not go far enough to protect consumers.

The agency put to rest speculation that it might take the database offline, yet new disclosure statements are meant to combat the notion that a complaint proves a company’s guilt.

The agency put to rest speculation that it might take the database offline, yet new disclosure statements are meant to combat the notion that a complaint proves a company’s guilt.

Nearly a tenth of the industry’s deals this year were connected to the state, which boasts a good number of sought-after small banks.

The company will pay $42 million in cash for the parent of Main Street Bank in southeastern Michigan.

Nitin Mhatre of Webster Financial explains why the Consumer Bankers Association — whose members want a bigger piece of the student lending market — backs legislation that would make the federal government tell borrowers how much they will ultimately owe, as private lenders are already required to do.

MoneyLion and Varo say familiarity with existing customers — whom they already offer savings, investment and personal finance products — will help them make smart credit decisions.

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.