Politics

The payments and financial services industry has enjoyed an unprecedented wave of invention, but the fruits of that labor are threatened by an ideologically driven political climate that complicates the evolution of global interoperable mobile-driven commerce.

The midterm elections virtually eliminate the chance that progress will be made on financial services legislation.

The information you need to start your day, from PaymentsSource and around the Web:. Today: Election results portend less deregulation and consumer focus; Facebook faces GDPR investigation in Ireland; Cryptocurrency giveaway; Orange County adds mobile transit pay, Emirates NBD pilots open banking.

The focus since the 2016 election on easing rules, tax cuts and expanding access to credit is about to be turned on its head.

The presumptive chair of the House Financial Services Committee will likely take the panel in a sharply new direction and have a new bully pulpit to criticize the Trump administration.

The focus since the 2016 election on easing rules, tax cuts and expanding access to credit is about to be turned on its head.

Several Senate, House and gubernatorial battles are of interest to financial firms. Here is a spotlight on specific contests, with updates as they become available.

A wide range of Republican priorities that affect the payment, retail and fintech industries could stall or entirely flame out if Democrats make substantial gains in Tuesday’s midterm elections.

The Northwest Credit Union Association is one of a slew of groups across Washington asking State Rep. Matt Shea to return more than $30,000 in campaign funds following the release of a controversial document and video.

From former journalists to police officers and more, they all have two things in common: they're running for office and they've all worked inside the CU system.

U.S. Rep. Gwen Moore helped launch a credit union early in her career and today works to advance the movement's interests in Congress.

Credit union advocates are keeping a close watch on several races in this week's midterm elections.

The battle gaining the most attention Tuesday night will be which party controls the House next year. But other key races will help determine the makeup of the Senate Banking Committee.

Bob Kressig, who is running for re-election of his state house seat, helped defeat a measure earlier this year that would have increased taxes on Iowa credit unions.

Readers respond to an FTC settlement with SoFi, weigh calls to simplify Wells Fargo, consider crypto's revolving door and more.

In a letter Monday to Federal Reserve Board Chairman Jerome Powell, the four House Democrats argued that the nation’s aging payments system is contributing to economic inequality.

Van Wanggaard is running for re-election as a Wisconsin state senator by focusing on bringing more jobs to his state and fighting for victims’ rights.

While there are ways to improve the Community Reinvestment Act for the modern era, steps must be taken to ensure the law is not weakened in the process.

The housing finance agency, which is increasingly at the forefront of reform discussions, has been without a permanent chief for almost two years.

From Democrats winning control of Congress to an escalating trade war and technology companies applying for a fintech charter, there are plenty of scary prospects facing the industry.