As well-funded rivals pounce, Dwolla founder and CEO Ben Milne is looking for new leadership and a new strategy.

Investors poured a fresh $400 million into Toast following a year in which the payment firm more than doubled revenue from its network of restaurant clients.

Barca, as one of the world’s most popular football clubs is known, will issue tokens for use on a fan-engagement platform.

New regulations and fraud threats are accumulating, and payment firms need to keep up, says Semafone's Gary E. Barnett.

Elizabeth Warren, Sherrod Brown and three other Democrats asked nonbank lenders to ensure they comply with fair-lending laws following a report suggesting they charge higher rates to those who have attended historically black or predominantly Hispanic colleges.

The startup spawned in Eastern Bank's innovation lab says its bank customers asked for client-friendly software for account opening, credit cards and more types of commercial lending.

It can be hard to spot insider fraud, duplicate invoices and service glitches by hand, says AppZen's Anant Kale.

Similar to a sports team landing a major free agent, the Faster IDentity Online Alliance has scored a major victory for its identity modernization cause in revealing Apple has joined the organization.

Despite advances in anti-fraud technology, scams remain a major problem for the energy industry, as criminals continue to exploit vulnerabilities present within the current system.

The fintech, which translates foreign credit reports to help immigrants get loans, says it has raised millions from venture capital firms and celebrities like Alex Rodriguez and U2's The Edge because its product addresses important economic and social needs.

Square has buttressed its deep-learning with the purchase of Dessa, a Toronto-based machine learning startup that specializes in advanced risk management.

Federal Reserve Chairman Jerome Powell told senators that the central bank is willing to explore a credit-sensitive interest benchmark in addition to the secured overnight financing rate, which some banks say could cause problems during economic stress.

Traditional ATMs are vanishing in the U.K. and other parts of the world, but there may be a growing market for their crypto counterparts.

Healthy Blue of Louisiana plans to provide its members with access to medical and behavioral healthcare via telehealth.

Bankers groups are keeping close tabs on a host of legislative and gubernatorial proposals, from prize-linked savings accounts in Iowa to rent control in Massachusetts to a slew of bills modeled after California's recently passed data privacy law.

When it comes to customers using application programming interfaces, the bank appears to be outpacing its rivals.

Visa Inc. said revenue from its consulting arm will climb 20% this year as the network makes more money selling data and analytics to banks and retailers.

The U.S. telco sector has worked hard to control the mobile wallets developed on its phones. While its earliest efforts didn't last long, companies like T-Mobile and Sprint took decidedly different paths to reach where they are now.

Tech sprints that bring regulators together with bank officials, data scientists and software companies originated in the U.K. and have crossed the pond into the U.S.

By pooling fraud data and making it accessible in real time, FIs can scan check deposits to identify fraudulent checks before a loss occurs, says Advanced Fraud Solutions' Ted Kirk.