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The Bakersfield, Calif.-based institution has applied to convert to a state charter.

The 2015 decision posed new legal challenges for institutions trying to sell loans to third parties, but the federal regulatory agency proposed steps Monday for banks and debt parties to evade state interest rate caps.

Zazu Limited, a Zambian fintech, has partnered with Mastercard to launch a mobile wallet that supports a prepaid account instantly issued from the app to any local consumer — with or without a bank account.

The remote deposit capture tech at the center of the dispute is used by 6,500 institutions. That may mean other institutions will have to pay licensing fees to USAA.

The National Credit Union Administration will meet this week to discuss its proposed budget while the Senate and House work to avoid a government shutdown.

Congress can help create a more uniform federal regulatory testing ground to foster innovation.

A prominent credit union blogger is calling for the National Credit Union Administration to follow the Federal Reserve and FDIC's lead on possibly revamping the risk-rating system.

The company will pay $1.1 billion for Carolina Financial in Charleston, S.C., in a deal that will add nearly $5 billion in assets.