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As regulatory pushback against Facebook's Libra cryptocurrency has accelerated, keeping the project together has become a major challenge, with Visa, Mastercard, Visa, eBay and Stripe joining PayPal in leaving the project.

BofA’s do-no-harm approach to AI; looking at what comes next for Fannie and Freddie now that they get to keep their earnings; ruling cuts short debt collectors’ victory lap over CFPB proposal; and more from this week’s most-read stories.

Two new surveys have found that most consumers would prefer to stash their cash in traditional banks. But there's one group of savers who would be very comfortable opening accounts with tech giants if given the opportunity.

The deal was announced in August and would have created a $1.3 billion-asset institution.

The Office of the Comptroller of the Currency found deficiencies related to the bank's holding period for "other real estate owned."

CFPB Director Kathy Kraninger announced the creation of a task force to research and identify potential conflicts in consumer finance law.

Payroll advance provider Branch has partnered with Mastercard and Evolve Bank & Trust to offer a debit card that allows hourly workers to instantly access a portion of their earned wages ahead of their periodic paycheck.

Italian banking group Intesa Sanpaolo has made a €7 million ($7.8 million) investment in MatiPay, an Italian cash acceptance network that leverages wireless vending machines.

As apps like Uber and Lyft gain more traction, the need for new cars ⁠— and loans ⁠— is expected to diminish.

Credit unions often overlook ensuring that different systems and departments are well connected and can share data. Application program interfaces can help with that.