The Latest

The Consumer Financial Protection Bureau sided with two trade groups in asking a federal court to vacate the medical debt rule. Consumer groups have asked to intervene and a judge has not yet ruled on the motion.

A report estimates that the total outstanding supply of stablecoins could grow up to $3.7 trillion by 2030 in Citi's bull case, but more likely $1.6 trillion according to its base case.

As Trump's trade war causes politically influenced shifts, the card brand contends it is set to pick up volume in non-American corridors.

A government-sponsored enterprise executive shared his take on the financial implications of Federal Housing Finance Agency Director Bill Pulte's initiatives.

The decision to stop requiring U.S. companies to report beneficial ownership information is misguided. The compliance burden could be substantially eased by collecting the data at the state level.

Global purchase volume — the aggregate dollar amount of purchases made with Mastercard-branded cards — rose to $1.99 trillion, while falling short of analysts' estimates of $2.04 trillion.

Fintech deals for banks are in bloom going into May, but pests like problematic levels of relay fraud to bots conducting cyberattacks against banks are abound.

In a recent executive order, President Trump tried to wipe out a legal concept used to root out discrimination. But banks, worried about what will happen the next time a Democrat is in the White House, may be reluctant to change their policies.

A new survey conducted by IntraFi found that nearly three-quarters of bank executives say a recession is here or imminent, and tariffs now rank among their top three economic concerns.

A budget bill passed by the House Financial Services Committee would eliminate the Public Company Accounting Oversight Board and cap the Consumer Financial Protection Bureau's budget at roughly $249 million.