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Allowing the mortgage giants to retain profits resolves a short-term capital shortfall, but how much capital they would need after exiting conservatorship is still the bigger question.

Eight credit union professionals will make up the Consumer Financial Protection Bureau's CU advisory board.

PayPal’s cross-border remittance unit Xoom is hoping to build a faster payments market in South Korea by enabling direct delivery into bank accounts, a channel that tends to be more expensive than other options.

The ‘Unsinkable Cathy Bessant’; Thasunda Duckett’s rising star takes center stage; the challenges facing Wells Fargo chief Charles Scharf; Fannie, Freddie to retain $45B in capital; and more from this week’s most-read stories.

German payments processor and technology provider Wirecard is launching new money transfer capabilities for users of the Viber instant messaging application.

As Banking Committee Chairman Mike Crapo works on legislation enabling banks to serve cannabis businesses, one area of focus is combating risks tied to “legacy cash” that has accumulated in the marijuana industry.

After the St. Louis Blues won the 2019 NHL championship, credit unions in the city welcomed the historic trophy for a visit, while CUs across the nation made other efforts to showcase their community involvement.

Demand for a user-friendly way to shop and pay for tailored products requires action from those that want to stay ahead of the digital curve, says KBMax's Kris Goldhair.

Retailers are decelerating data security spending, even as attacks become more sophisticated and merchants emphasize the types of multi-channel shopping that draws attackers.

While 79% of mortgages nationwide were for primary residences, 92% of credit union mortgage loans fall into that category.