The Treasury Department on Tuesday capped off a nearly yearlong inquiry into the burgeoning marketplace lending industry with a policy paper that recommends increased transparency and customer protections while also highlighting the sector's potential for expanding credit access.

State officials in California have asked top online lending firms a series of probing questions regarding their compliance with laws and regulations dealing with referral fees, bank partnerships, fair lending and other sensitive issues.

The abrupt resignation of the firm's founder and CEO, under a cloud, seems likely to fan investors' growing fears about the marketplace lending sector. It could also hasten regulatory scrutiny.

The Federal Deposit Insurance Corp.’s request for input on mobile financial services allows banks to promote how their mobile app helps the underserved, which is a plus when seeking merger approval.

Though many have tried and failed to get bitcoin into the mainstream, iPayYou CEO Gene Kavner is ready to take a page out of the playbook of Amazon.com, his former employer, to bring attention to his new bitcoin wallet.

Hefty investments in customer-facing technology such as person-to-person payments, mobile check deposit and fingerprint recognition have given big banks a decided edge in attracting and retaining younger consumers.

Add HSBC to the list of banks offering Touch ID authentication services to mobile banking customers.

Blockchain technology still has not proven itself invaluable to cross border transactions and remittance, but it's turning enough heads that Western Union has begun investing in its possibilities.

Prosper Marketplace's decision to eliminate 22% of its workforce is more evidence that the bloom is off the rose for a sector that had been enjoying astronomical growth.

TransferWise, which has been developing an anti-bank brand, now says it wants to partner with banks to expand its reach in the U.S.