The Independent Community Bankers of America said that it agrees with the Office of the Comptroller of the Currency’s support for “responsible innovation” in fintech but that it worries marketplace lenders have a “regulatory advantage.”

PayPal's split from eBay was supposed to sweeten its appeal to merchants, but it’s also stoking rivals in the payments industry — in particular Visa CEO Charlie Scharf.

The drumbeat of news about hackers stealing millions of dollars by gaming the Swift interbank messaging system should have been a wake-up call for banking executives, but it's unclear how many of them answered it. Is it too late for them to shore up their defenses?

The drumbeat of news about hackers stealing millions of dollars by gaming the Swift interbank messaging system should have been a wake-up call for banking executives, but it's unclear how many of them answered it. Is it too late for them to shore up their defenses?

The last three of Canada’s large banks today said they’ve launched Apple Pay, joining the country's Interac debit network and the company's few other financial providers to enable Apple's digital wallet to completely blanket Canada.

The Federal Reserve detected more than 50 breaches of its computer systems from 2011 to 2015, Reuters reported, adding to signs that the central bank may be vulnerable to hackers or spies.

The oil industry isn't the only one with a boom-and-bust cycle: just ask some of the high-profile technology companies — and the credit unions that serve them.

Consumers using mobile wallets or mobile banking apps are generally more engaged with their banks or retailers, creating a richer behavioral profile — and fraudsters are looking to exploit this by taking over these users' devices and, by extension, their bank accounts.

When it comes to the speed of payments, consumers used to be satisfied with just real-time confirmation of a person-to-person (P2P) transaction and the promise that funds were on their way. This isn’t necessarily the case anymore, and the social implications associated with payments are driving the shift in demand.

It’s too soon to know how the futuristic Internet of Things (IoT) — the array of Web-connected devices and home appliances — will handle payments, but older concepts such as Near Field Communication and prepaid cards already have an advantage.

By allowing commercial clients to authenticate via an eye scan, Wells Fargo is making a burdensome task simple. Secil Watson, head of wholesale Internet solutions, is pushing the bank to make digital banking easier for commercial clients.

1st Mississippi FCU in Meridian, Miss., has adopted Sharetec as its new core system to assist with fulfilling certain strategic goals.

PayNearMe has long offered a service designed for consumers who prefer to use cash in a digital world, but even it has to accept the need to get on board with electronic payments.

Samsung announced a partnership with Citibank Singapore Limited enabling support for Samsung Pay on newer Samsung handsets in the Singapore region. Samsung Pay will launch there this summer following a pilot, the technology maker said in a May 30 press release.

EMV certification provider Fime has received EMVCo approval to support the use of its global test tool for the development of payment applications that use a handset's secure element.

Given the news about the recent bank thefts carried out over the Swift messaging system, banks might be wondering if there is an alternative for cross-border payments. Flatly, there isn't.

The acceleration of the Affordable Care Act, along with the longer trend toward consumer-directed health care finance and high deductible plans such as health savings accounts, are decentralizing health care payments.

How can banks benefit from a spurt of mobile payments innovation that is enabling faster checkouts with the advantage of greater security for customers?

A recent spate of breaches on Asian banks that allowed hackers access to the Swift network have resulted in finger pointing, and some calls for creating a new, more secure network. But the issues faced by Swift would likely be the same with any replacement network.

Credit bureau TransUnion is diversifying its online security services with a strategic partnership announced this week with Dashlane, provider of a fast-growing password-management platform.