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The Federal Reserve said it wants to discourage banks from using returns on Fed account balances as a business model.

Members of Cheshire County Federal Credit Union have approved the merger into the Gardner, Mass.-based GFA.

House Financial Services Committee Chairwoman Maxine Waters said she has advised her staff to seek whatever information it needs in investigating Deutsche Bank's ties to President Trump's businesses.

SalesPhysics was created by industry veterans who once worked at Bank of America.

For years Carter Bank in Virginia had resisted technology of all kinds — even ATMs. But a leadership change, rising rates and a thirst for low-cost deposits finally led to a change in philosophy.

The State Bank of India and Hitachi Payment Services plan to bring their heft to a joint merchant acquiring venture to expand digital payments in India.

After converting to a mutual savings bank in 2013, the former CU is set to become a fully stock-owned company.

The legislation comes a day before CFPB Director Kathy Kraninger is set to testify to Congress.

Is it realistic to think Wells Fargo might get a new female CEO? How one fintech makes women feel welcome, and how another fosters innovation. Plus some of our Most Powerful Women make big moves – two retire, one jumps from BNY Mellon to Amex, one exits a board and another joins one.

By applying to become an industrial loan company, the fintech would be able to use insured deposit accounts as a cheap source of funding without having to comply with the tough rules banks face.