The Latest

The Consumer Financial Protection Bureau plans to transfer its entire enforcement and legal divisions to the Department of Justice and is likely to staff in those units, according to sources briefed by agency leadership.

American Banker and Best Companies Group are preparing the latest annual ranking of fintech companies that keep their employees happy.

Investigators found text messages, photos of cash and a conspirator wearing a diamond Truist logo ring while unraveling the $1 million fraud attempt.

The credit score firm partnered with Plaid to bring additional cash-flow data into its previously released UltraFICO score.

Reskilling and giving AI the boring work are two approaches banks take to making agentic AI palatable to workers who may fear that bots will take their jobs.

Federal Reserve Gov. Lisa Cook, citing several studies, outlined her concerns Thursday that generative AI could be used to manipulate markets, and regulators have not yet thought through how to police such activity.

The migration to the standard and its more robust data is underway, but experts say the desired reduction in payment errors will come slowly.

The head of the Managed Funds Association takes issue with a recent column calling for stricter oversight of nonbank financial institutions.

Noelle Acheson explains the significant differences between tokenized deposits and deposit tokens, and why it matters for the future of banking and payments.

The economy added an unexpectedly robust 119,000 jobs in September, though unemployment edged up to 4.4%. The report, delayed by the federal government shutdown, continues a trend of sluggish job growth in recent months.