The Latest

International payments will only get more complex as faster payments take hold globally, steering banks and money movers to establish central hubs for handling cross-border transactions.

Acting Comptroller of the Currency Keith Noreika affirmed Thursday that the agency’s fintech charter, if implemented, could be granted to commercial firms like Walmart or Google.

While credit unions will likely be pleased with a rebate of as much as $800 million, that amount could have been significantly more, had the regulator not voted to raise the normal operating level.

The agencies will give eight of the largest U.S. banks an extra year to file upcoming resolution plans, and suggested they may stretch out the filing schedule on a more ongoing basis.

The share of purchase and refinance loans originated by nonbanks are at their highest point since at least 1995, according to an analysis of new Home Mortgage Disclosure Act data.

Putting faith in its team of experts analyzing every loan application, the Arkansas bank is shrugging off warnings of a real estate downturn.

Under the bill, regional banks may eventually be able to shed the systemically important financial institution designation that subjects those with more than $50 billion in assets to tougher regulatory requirements.

The GOP inquiry appears aimed at providing more ammunition for potentially ousting Director Richard Cordray, but the report's impact may be limited.

A partnership between the National Credit Union Foundatoin and the New York Credit Union Foundation will also aid CU members and employees in Puerto Rico.

Along with paid sabbaticals, Idaho State University CU offers a variety of programs to keep staff healthy and engaged with their work.