Research from Andrew Davidson claims a significant number of mortgage borrowers would have a wide variance in credit score if less than three pulls are used.
Bank information technology departments are tasked with making sure their institutions modernize and remain competitive. But their mission brings a host of technical and cost challenges that often stand in the way of innovation.
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Noelle Acheson writes that new blockchains from Circle and Stripe are about more than customization and control over the features. They're about redistributing power across the payments landscape
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The Swedish financial institution will sell future buy now/pay later originations to Nelnet. Also, RBC and BMO may sell their payments joint venture; and other news in the global payments and fintech roundup.
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The Ohio bank bought DTS Connex to expand its cash management services for businesses with multiple locations, like retailers, restaurants and health care providers.
Such concerns have taken on new importance with recent advances in artificial intelligence tools, which are "the most transformative technology of our time," Securities and Exchange Commission Chair Gary Gensler says.
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The Los Angeles regional bank recorded the $1.5 billion noncash charge after its stock price ended March below its tangible book value.
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As universities move classes online, there are signs enrollment could be down in the coming academic year. That could have a major impact on credit unions’ private student loan portfolios.
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Older Americans also did fairly poorly by getting an average score equal to a C plus.
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A resilient U.S. economy, lingering inflation and comments from the Federal Reserve contributed to a 10-basis-point hike in the 30-year fixed rate, Freddie Mac said.
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Jennifer Kouchis, chief mortgage banking officer lending for VyStar Credit Union in Jacksonville, has been at the forefront of numerous campaigns to reach overlooked communities, including tailoring products to them.
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Some pandemic-related gains have been ceded to depositories, national numbers from last year's Home Mortgage Disclosure Act reporting confirm.
The expansion-minded Hampton Roads-based lender announced plans to acquire Dogwood State Bank just weeks before its plans to close a deal for a Virginia-based competitor.
President Trump has nominated Stuart Levenbach, associate director of the Office of Management and Budget, to be the director of the Consumer Financial Protection Bureau. His selection allows acting CFPB Director Russell Vought to remain in place for at least another 210 days.
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Federal agencies need to speak with one voice when it comes to allowing legitimate crypto businesses full access to financial services.
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Banking regulation doesn't need to mimic the hyper-partisan nature of today's politics. A balanced FDIC board would confer legitimacy on any efforts by the Trump administration to overhaul financial-services regulation.
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An overhaul of the bank regulatory system is past due, but the urge to start tearing up the rule book must be resisted in favor of precision and the thoughtful application of some basic principles.
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JPMorganChase, Citi, Vantage Bank and Custodia Bank have all chosen ethereum as the underpinning for blockchain projects such as tokenized deposits. The chairman of the Enterprise Ethereum Alliance explains the OG blockchain.
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An ugly legal dispute between two San Diego credit unions offers a warning about what can go wrong when careful relationship-building doesn't precede a marriage.
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Affordability concerns are driving consumer demand for short-term liquidity products like earned wage access. A similar, credit union-backed lending alternative is gaining popularity as a way to amass new customers and, for banks, CRA credit.
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The path of US interest rates remains in focus following the slower-than-expected US inflation print as traders fully price a Fed cut in July.
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Federal Reserve Vice Chair for Supervision Michelle Bowman said in a speech Monday morning that the central bank will introduce two capital proposals that she said are aimed at boosting banks' role in the mortgage market.
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The ACH Network reached new highs in 2025 as both traditional and same-day ACH usage grew at healthy clips. The trend could negatively impact deposits and cards.
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While "Q-Day" may be years away, experts warn hackers are already harvesting encrypted data to decrypt later, making the transition to new standards urgent.
Minal Gupta has implemented new financial technology for years as an executive, and is taking the helm of her credit union as the entire industry ponders how to use real-time payments and new forms of AI.
The 23rd annual ranking of women leaders in the banking industry.
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