Equity investors flip online banker to make about $600 million after four months of ownership.
Five hundred job cuts in Denver part of company's bid to be more efficient and innovative, spokesman says.
Backers of virtual currency announce deals, push for this Friday after Thanksgiving.
The case deciding whether credit unions will have to reissue their debit cards inched closer to a conclusion Nov. 20.
Discover Financial Services said Nov. 18 holders of its cards will begin seeing FICO scores on their card statements. A company executive described the move as a way of helping customers better manage their finances.
Both numbers of cards and amounts charged are higher.
Coalition files brief Wednesday in appeal of July order dismantling much of Fed interchange rule.
SAN FRANCISCO — Nobody is in a rush to toss out their leather wallet and replace it with a digital wallet on their phone.
Financial institutions still in the mix as digital wallet uptake evolves in fits and maybe starts.
The Federal Reserve has always kept a focus on the integrity, efficiency and accessibility of the payments system in the United States. We have largely pursued this mission in the context of our function as an operator in the interbank market.