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The agency’s enforcement action against Better Future Forward says the nonprofit’s income-share agreements — an alternative education finance product — must follow the Truth in Lending Act just like other forms of student loans.

First US in Birmingham will take a $1.2 million third-quarter charge to close the subsidiary. It plans to recoup the expense by focusing on commercial and indirect lending.

Aiia brings thousands of banks to the card network's global open-banking platform.

The Alexandria, Virginia, organization will change its name next month.

The startup Digits has developed a search engine that combs the books of small companies to size up their finances. But to give clients a real-time snapshot, it seeks bank partners that will provide checking and credit card account information.

John Faust plans to step down next year, concluding a nearly 30-year tenure as president and CEO of Diamond Credit Union.

It started with an email suggesting there would be consequences for lenders that failed to use the Small Business Administration’s website to handle forgiveness applications for Paycheck Protection Program loans. Then lawmakers got involved.

The fintech's partnership with the world's largest card network allows it to expand in a market where red tape has stymied many U.S. payment companies.

State Street agreed to buy Brown Brothers Harriman’s investor-services business for $3.5 billion in cash, adding an operation that safeguards about $5.4 trillion of assets.

European bank regulators issued a joint warning against watering down tough new capital requirements, after the industry seized on the pandemic to lobby for less onerous rules.