The trend poses challenges for banks, which have long required customers who want fees waived to put in their own effort.

Three credit unions have signed on with the Costa Mesa, Calif.-based fintech aimed at helping consumers pay down credit card debt.

The industry group wants the FDIC to reject an ILC request from student lender Nelnet and impose a two-year ban on future applications.

Treasury, OCC want to make it easier to compete with banks; the two banks will sell notes and other products through a broker network.

The larger the business grows, the more difficult and time-consuming it will be to make the fundamental changes required, according to Justin Shipe, vice president of information security for CardConnect, and Aaron Largent, director of infrastructure for CardConnect.

The Trump administration is making more than 80 recommendations to encourage financial innovation within a regulated space, including endorsing the creation of a federal fintech charter.

Paying international suppliers through a bank portal is a painful, expensive process that creates unnecessary friction for burgeoning cross-border trade. There are better fintech alternatives, writes Karla Friede, CEO of Nvoicepay.

Time is running out to apply to win one of Credit Union Journal's Best Practices Awards.

Some startups are eschewing San Francisco and New York to set up shop in the middle of America. And for good reason.

Banks should continually try out new technologies, even after failed experiments.