Ian McKendry

If a forum hosted by the Treasury Department this week on economic inclusion showed anything, it was that bankers, financial technology firms and policymakers continue to struggle with how to bring more people into the financial mainstream.

WASHINGTON — New York Governor Andrew Cuomo proposed a requirement on Tuesday that could put bank compliance officers on the hook if a bank's anti-money-laundering system fails to meet state standards.

The prepaid card giant Green Dot is getting into the matchmaking business.

The Federal Deposit Insurance Corp.'s third-quarter industry update pointed to signs of banks expanding their risk profiles despite slow revenue growth.

U.S. bank earnings increased 5% in the third quarter from a year earlier to $40.4 billion as a “few large banks” recorded lower litigation expenses, the Federal Deposit Insurance Corp. said Tuesday.

WASHINGTON — The Association of Certified Anti-Money Laundering Specialists said Tuesday that former Financial Action Task Force executive secretary Rick McDonell will be taking over as the trade association's executive director.

WASHINGTON — The Federal Deposit Insurance Corp. will have a new head of legislative affairs after longtime FDIC official Eric Spitler retires at the end of the year.

Class-action lawsuits filed against some of the biggest names in retail banking and payments could prompt financial firms to reconsider their relationships with customers that play fantasy sports.

Banks and credit card companies could find themselves on the losing end if the daily fantasy sports companies DraftKings and FanDuel are deemed to have been running illegal gambling operations in the state of New York.

WASHINGTON — The Federal Deposit Insurance Corp. on Tuesday will release results of the banking industry's performance for the third quarter.