The first government shutdown since 2019 will slow flood insurance originations and new Small Business Administration loans, though self-funded banking regulators will continue operating as usual.
Bankrate Inc., an aggregator and publisher of rate data and news related to personal finance, has acquired Wallaby Financial Inc., a firm that provides credit card reward apps to consumers.
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This week in global news, Ant gets bullish on AI, PayPal's stablecoin has a fan in the bitcoin world, and more.
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The bank aims to use new tech to make account-to-account transfers for merchants an easier option than credit cards.
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Republican Josh Hawley, the senior senator from Missouri, says he intends to offer legislation that would cap credit card rates at 18%. For a bill designed to go nowhere, it's a surprisingly good idea.
A near-collapse of the global software vulnerability database exposed critical weaknesses that could leave banks unable to track cyber threats.
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A pension fund for Ohio school employees has sued Wachovia Corp. and the company that now owns it, Wells Fargo & Co., over losses the fund sustained from investing in Wachovia's securities lending program.
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Raymond James Financial Inc. said Wednesday that it has agreed to acquire Howe Barnes Hoefer & Arnett Inc. The deal would combine two well-known regional investment banks.
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Early adopters took digital mortgages from concept to reality. What will it take for everyone else to catch up?
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The proposal by Reps. Jeb Hensarling and John Delaney is a sign that a bipartisan consensus is building on how to move on from Fannie and Freddie.
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The proposal by Reps. Jeb Hensarling and John Delaney is a sign that a bipartisan consensus is building on how to move on from Fannie and Freddie.
The regional bank announced a leadership shakeup on Wednesday, capping a tumultuous week in which shareholders became spooked about its exposure to the commercial real estate sector.
The watchdog accuses Rocket Homes and The Mitchell Group brokerage of initiating a plan to generate origination business for Rocket Mortgage.
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Payment firms and financial institutions are using SaaS for more functions, but that could open the door to SEC and other government oversight, says GRAX's Joe Gaska.
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As contactless payments skyrocket, the chance for fraud gets larger, says ClearSales's Rafael Lourenco.
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Not only is the payment process an opportunity to deliver on a good customer experience, but it also offers the opportunity to enhance the overall experience, says Global Payments Integrated's Ashley Jones.
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The Harrisburg, Pennsylvania, community bank agreed to acquire 1st Colonial Bancorp in Mount Laurel, New Jersey, in a $101 million deal that would help deepen its presence in greater Philadelphia.
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Seven filings were submitted in response to President Donald Trump's request for the Supreme Court to remove barriers from ousting Federal Reserve Gov. Lisa Cook before litigation proceeds. Most filings argued for the Court to deny the president's application.
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Personal income, which rose $95.7B in August, was overtaken by consumer spending, which jumped $129.2B, pushing the saving rate to 4.6% amid steady inflation and higher wages.
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Payment-focused fintechs are acquiring – and keeping – merchants' business thanks to services such as fraud prevention, analytics financing and loyalty tools, according to Capgemini's 2026 World Payments Report. If banks want to compete, they'll need to change their game.
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The $18.6 billion-asset Muncie, Indiana-based company agreed to pay $241 million in stock to acquire First Savings Financial Group and expand into the Southern end of the Hoosier state.
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Federal Reserve Governor Michael Barr warned that subjecting the stress testing models to the notice and comment process could lead them to "ossify."
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Between 2021 and 2025, the Japanese bank SMBC has raised its stake in the U.S. investment firm from 4.5% to 20%.
The U.S. Department of Justice declined prosecution after BofA Securities self-reported the violations and fixed major compliance gaps.
The 23rd annual ranking of women leaders in the banking industry.
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