Fast-developing technologies are dumping fresh risk on a payments industry already reeling from a parade of data breaches, placing more pressure on cross-industry efforts to improve security.

WASHINGTON — The Consumer Financial Protection Bureau on Thursday finalized a controversial policy allowing consumers to describe their banking experiences more fully on the agency's complaint portal.

Large banks and card issuers are ready for the U.S. shift to chip-and-PIN technology, according to a report issued Wednesday. But the drop in fraud that is expected to result is unlikely to come any time soon.

The CFPB wants to expand banks' data reporting requirements under the Home Mortgage Disclosure Act. But this would impose even greater costs upon local financial institutions that are already overburdened by regulation.

A U.S. District Court judge has dismissed a challenge to JPMorgan Chase's $13 billion settlement with the Justice Department.

Bank of New York Mellon will pay $714 million to settle allegations by the U.S. and New York state that it defrauded clients in foreign-exchange transactions for as long as a decade.

Regulators pressed for more flexibility when it comes to stress tests, among other things, as lawmakers consider changes to the Dodd-Frank Act.

The agency's interpretation of a Respa rule could put an end to the long-standing practice of mortgage lenders paying real estate agents and homebuilders to send business their way.

WASHINGTON — The Consumer Financial Protection Bureau finalized a contentious policy Thursday allowing customers to describe their banking experiences more fully on the agency's complaint portal.

In a unanimous vote, the NCUA Board moved to eliminate a restriction that limited federal credit unions' investment in fixed assets to 5% of assets.

If successful, Provident Bank in Massachusetts and Cincinnati Federal in Ohio would become the first new mutual holding companies since 2011, giving some hope that the structure could make a comeback.

For the most part, big banks and trade groups have run the conversation on deploying a faster payment system in the U.S. But Nacha's recently proposed 8.2-cent fee for same-day Automated Clearing House payments has merchants taking notice.

The House Financial Services Committee renewed its look at regulatory relief for small financial institutions Wednesday, pressing bankers and credit union representatives for details about their compliance burdens.

The House Financial Services Committee renewed its look at regulatory relief for small financial institutions Wednesday, pressing bankers and credit union representatives for details about their compliance burdens.

Payment solutions provider Global Payout has designed an electronic, closed-loop payment system to address the challenges faced by the medical and recreational marijuana industries.

When financial firms emphasize the need to put customers first, they offer employees a simple way to navigate daily dilemmas while short-circuiting self-interest and tribal behavior.

Technology is rapidly changing payments, turning it into something that more closely resembles a layered ecosystem like an electrical grid than a traditional financial service.

The Consumer Financial Protection Bureau announced Tuesday that it's seeking public comment ahead of a second study on the credit card market that could pave the way for new regulations or enforcement actions.

The Consumer Financial Protection Bureau announced Tuesday that it's seeking public comment ahead of a second study on the credit card market that could pave the way for new regulations or enforcement actions.

The Consumer Financial Protection Bureau announced Tuesday that it's seeking public comment ahead of a second study on the credit card market that could pave the way for new regulations or enforcement actions.