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Rep. Alexandria Ocasio-Cortez and ten others requested information from regulators about whether they have tightened supervision of taxi medallion lending.
August 5 -
The German mobile bank backed by Peter Thiel is pressing ahead with its U.S. expansion, betting it can grab share from established lenders and credit-card providers with free accounts, fewer fees and phone alerts that nudge them toward better financial choices.
August 5 -
As part of its justification for developing its own government-backed system, the central bank said that leaving only a single fast network run by big banks constitutes a potential risk to the economy.
August 5 -
Though the use of alternative data in lending is seen by some as untested, several fintechs say they couldn't function without it.
August 5 -
The Jacksonville, Fla.-based credit union is the initial investor in PayverisCU, which will help members with financial wellness and money management.
August 5 -
Community banks shouldn’t wait for the Fed to create a new real-time payments rail when consumers are already flocking to other options.
August 5Cape Cod Five Cents Savings Bank -
The new products, along a 2% cash-back credit card, are aimed at helping customers build savings and reduce debt.
August 5 -
With the loan-to-savings ratio at its highest point in four decades, some CUs have limited options to boost their funding.
August 5 -
Banks have to do a better job of protecting personal information about their customers' children.
August 5
FICO -
The CEO's tenure lasted just 18 months; the former FDIC chair says having Congress more involved in setting accounting standards "could well backfire on the banks."
August 5





