Jumio Inc. has formed the Bitcoin Identity Security Open Network (Bison) to enable its clients to share fraud trend data.

Wellesley Bancorp (WEBK) in Wellesley, Mass., has appointed Ralph Letner as chief lending officer and senior vice president of its bank subsidiary.

Fannie Mae cut its forecast of industrywide home purchase lending for 2014 to $710 billion from $732 billion, underscoring the housing industry's struggles despite overall positive signs for the economy.

Three big banks on Wednesday announced new community investment initiatives.

Bankers, technology executives and other experts weigh in on why financial companies are struggling to deploy the massive amounts of information they collect on their customers – and what they can do to improve.

The people behind a Southern California-based debt collection operation also will pay $4 million to settle the case against them.

Before the FSOC or other agencies start to impose capital requirements on nonbank financial companies, let's make sure we understand the business models and the risks that these firms actually take.

A task force of state and federal authorities set up in 2012 to probe the mortgage-bond sales that fueled the financial crisis has "more than a dozen ongoing investigations," Michael P. Stephens, the acting inspector general for the Federal Housing Finance Agency, said.

American Banker's Index of Banking Activity posted its second-highest reading in March, buoyed by renewed consumer demand, better weather and banker optimism.

Eight community banks have transferred their shares to a new trading platform operated by OTC Markets Group in a bid to increase visibility for their stocks.

The First Bancorp (FNLC) in Damariscotta, Maine, announced that its chief executive is retiring early next year and will be replaced by its chief operating officer.

The case against a South Dakota-based payday lending operation is wrapping up in New York state. The operation claimed to be affiliated with a Native American tribe in an attempt to avoid legal action.

If banks and supervisors are serious about achieving regulatory excellence, they need to make the people in charge of product lines take ownership of compliance.

Car loan debt continues to rise as more and more Americans are trading in old cars for new ones, according to a report released Monday from TransUnion.

Solera National Bancorp (SLRK) in Lakewood, Colo., said it is willing to negotiate with an activist investor on filling some board seats.

Mortgage servicers and troubled homeowners may be losing faith that Congress will pass legislation saving borrowers from paying a tax penalty when they do a short sale.

Compared with its annual meeting last year, and to some of its peers' meetings this year, JPMorgan Chase (JPM) sailed through a relatively sedate meeting of shareholders Tuesday.

The Federal Reserve Board has terminated a cease-and-desist order against Central Federal (CFBK) in Worthington, Ohio.

The Puerto Rican company is looking to shore up its capital levels after the FDIC invalidated about 40% of its Tier 1 capital. Management will have plenty of challenges as it looks to fill the capital hole.

Meridian Bancorp (EBSB), the newly formed bank holding company for East Boston Savings Bank, could raise at least $233 million and as much as $364 million in its upcoming public offering.