Payments

A plan released Wednesday by the Consumer Financial Protection Bureau was more aggressive than anticipated, leading to share price declines at Synchrony Financial, Capital One and Bread Financial. "This skews toward the worst-case scenario," one analyst wrote.

Twitter signals plan for payments, Barclays opens banking pods as a branch alternative, and more. Here's what's happening around the world.

Economic woes have driven more consumers to disavow legitimate card purchases via "friendly" fraud, but new card-network guidelines could help merchants fight back — and leave more issuers on the hook.

As companies downsize and restructure, American Banker is tracking these decisions to help our readers understand how their industries are adapting.

Citing challenging economic conditions, PayPal on Tuesday said it's cutting 7% of its global workforce with reductions in upcoming weeks.

The international messaging system is participating in projects that test or develop central bank digital currencies, with a goal of making them interoperable.

The company's first-ever acquisition, of Power Finance, will allow it to fuel a banking-as-a-service model for credit cards and other financial products under the direction of its new CEO, Simon Khalaf.