Google’s court loss also challenges payment rivals
A court said the technology giant must be less restrictive at checkout. The move will likely lower transaction fees, but it still won’t be easy for competitors to grab market share.
Discover’s revenue grows, but credit performance dips
The financial institution beat analysts' estimates on revenue, net income and diluted earnings per share amid modest loan growth, even as credit performance showed signs of deterioration.
Banking lobbies back Fed in debit swipe-fee suit
The Bank Policy Institute and The Clearing House filed a motion to join the central bank's defense of Regulation II.
New York Community set for a corporate rebranding
After NYCB streamlined its branch operations under the Flagstar name, the publicly traded company will begin trading under a new stock ticker symbol in late October.