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Policymakers need to stop attacking credit bureaus and take action against credit repair firms that use dubious tactics to wipe bad debt from consumers' credit reports. Such schemes both impair banks' ability to accurately underwrite loans and further hurt real victims of identity theft.

A majority of the justices concluded that the law establishing the Federal Housing Finance Agency violated the Constitution when it said a president may only remove the agency's chief "for cause."

The policy, outlined in an internal memo, is one of the most restrictive issued by a major U.S. bank so far.

The bank's holding company, CRB Group, has acquired PeerIQ, an online lending marketplace data provider backed by the former CEOs of Morgan Stanley and Citigroup. It's said it wants more deals like this one.

No-fee digital bank accounts subsidized by the Federal Reserve would help community banks draw in new customers and pay for technology upgrades, proponents of the idea say. But it's a hard sell to executives skeptical of government involvement in retail banking.

The fintech specializes in lending to dentists, veterinarians and other solo providers looking to grow or establish their own practice.

Sunwest Bank in Irvine, California, lets business customers open new checking accounts completely online, a technology challenge some large and regional financial institutions have yet to tackle.

The chief financial officer, Doug Fagan, will succeed Sundie Seefried, who is retiring.

Gripes against peer-to-peer payments services spiked during the past year as U.S. consumers flocked to Venmo, Cash App, Zelle and the like to transfer money.

Southern Bancorp, a community development financial institution, will devote part of a multimillion-dollar investment from the payments giant to developing technology that helps consumers budget, buy a home and more.