The Latest

With the ongoing issue of the affordable housing crisis, the Mortgage Bankers Association – which many credit unions are members of – got behind the Build More Housing Near Transit Act, a bipartisan bill introduced in the House of Representatives.

Muneera Carr, Comerica's CFO since 2017, will leave in October and James Herzog, who had been the bank's treasurer, will serve as interim CFO until a successor is named.

Plaid, the San Francisco-based financial technology infrastructure provider, has received strategic investments from Mastercard and Visa as part of a $250 million round of funding. Plaid did not disclose the two networks' specific investments.

Congress is in session, but actions at NCUA, FASB and more will dominate the upcoming week in Washington for credit unions.

Hackers go in for the kill when challenger banks and others launch retail products. So the companies are forced to step up their defenses — fast.

After a nine-month transition period, Lyndon Matteson has been elevated from president to president and CEO following Edward Lopes' retirement.

Women executives headlined a number of key moves in the banking industry as summer wound down.

As anti-money laundering requirements tighten in many jurisdictions, financial institutions and fraud prevention platforms are ditching legacy AML solutions for newer technology — but alternatives aren’t easy to come by yet.

A seller's assets and deposits lose some luster if the best and brightest who helped bring in the business leave after a deal closes.

Telling staff the tech frees up time is an important part of bot-enabled payment strategy, says Troovo's Kurt Knackstedt.