The project is likely to be mirrored at banks around the country as the automated clearing house evolves from settling payments in three to five days currently to same-day settlement in September and faster payments beyond that.

The project is likely to be mirrored at banks around the country as the automated clearing house evolves from settling payments in three to five days currently to same-day settlement in September and faster payments beyond that.

PayPal Holdings has named the head of a cryptocurrency firm to its board.

The project is likely to be mirrored at banks around the country as the automated clearing house evolves from settling payments in three to five days currently to same-day settlement in September and faster payments beyond that.

Discover has taken a deeper step into the airline miles rewards card competition, shifting the tone of its TV advertising with its first commercial for the It Miles card it introduced last year.

As fintech pitches itself as the future of consumer financial services to bankers, regulators, legislative staffers and journalists, it's not enough to claim that innovations are better. We nontechies want an explanation why, in layman's terms.

A startup geared toward the prepaid market thinks it has found a way to effectively bridge the gap between high-touch onboarding and all digital experience: operating like a food truck.

The banking and fintech industry is experiencing fundamental change driven by not only new and evolving regulatory guidelines, but also by the changing needs and expectations of consumers – largely attributed to organizations like Netflix and Amazon.

Municipal Credit Union in New York has received compliance certification for its data security systems.

David Foss is set to become chief executive of Jack Henry & Associates in July. He will remain president of the technology and payment processing services provider.

Walmart plans to support Visa Checkout despite a rocky relationship between the two giant companies whose recent disputes have often involved legal action.

Wells Fargo and American Express have launched their third credit card product together.

Thanks to Spiral Toys, now even your children's piggy bank has gone mobile.

Many emerging innovators want to incorporate digital advances into the incumbent financial services sphere, not necessarily leapfrog banks.

Digital and alternative currencies are often cast as libertarian-friendly payment vehicles whose very mission engenders government antagonism. But in Canada, things are a bit friendlier.

There is a lingering fear that enabling real-time transfers between consumer bank accounts will open a window for fraud that cannot be closed. But as the demand for real-time payments grows, two large bank-led consortia hope to address the banking industry's fraud concerns by developing an interoperable identity shield.

Payment cards aren't dead, but they are buried under a growing pile of new and high-tech payment devices.

The explosion of mobile over the last few years has been staggering. By next year, the twenty billionth mobile phone will be sold. And not only are there many more mobile devices, we’re all becoming more reliant on them. In fact, 9 out of 10 consumers in the U.S. keep their phones within reach 24/7.

Conventional wisdom suggests scheduling ATM maintenance during slow periods to minimize impact to member service, but what if you didn't really know when those slow periods were?

David Bowie was a legend in the music industry, but his name was also a presence in financial services, where his identity was synonymous with innovation.