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The company will start to offer insurance planning and risk management services as part of its purchase of Strategic Wealth Group in Valdosta, Ga.

The Fed chair says nonbank lenders should be subject to the law, which requires congressional action; the former head of the CFPB has been named head of the federal student aid program.

The online lender was not a party to the lawsuit involving the Federal Trade Commission and a payday lender, but it could emerge as one of the big winners from the Supreme Court’s decision.

Two new government reports suggest that U.S. consumers’ fortunes have improved since the start of the pandemic, with bankruptcies falling sharply and fewer people falling behind on bills. But it’s not clear how long the positive trends will sustain themselves as government relief efforts wind down and evictions and foreclosures resume.

Though she acknowledges pressure to say digital currencies and blockchain are the technologies of the future, Bank of America's Cathy Bessant favors the more practical benefits that could stem from advanced mobile data networks and even 3D printing.

The retailer's mobile app didn't allow sales staff to earn commissions. An arbitrator's ruling requires Macy's to update its app — and signals another complication in the shift to all-digital payments.

This Apple/Epic battle is likely to encourage more companies to play the field, find the right payments solution for them, and avoid higher costs, says Credorax's Igal Rotem.

The head of the Federal Reserve appeared to support Congress’s expanding the scope of the Community Reinvestment Act to unregulated institutions, just as regulators weigh how to modernize the framework for banks.

Bank of America is devoting more resources to fighting cyberattacks after seeing a jump in threats amid the pandemic.

Citing the risk of bias and misidentification, cities and civil liberties groups are calling more loudly for a ban on the use of face scans.