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The new “adverse market fee” for refinanced mortgages resembles steps the companies took to combat the 2008 mortgage crisis. But critics charge it isn’t necessary and will hurt borrowers’ ability to tap into low rates.

The rapid move online boosts false positives, false negatives and actual fraud, says Adara's Nguyen Nguyen.

The Philippines confirmed a former Asian executive of disgraced German payments firm Wirecard AG, who is part of an ongoing investigation, has died.

Covered Care is promising to offer affordable loans to borrowers with credit scores below 700.

The proposed combination would create a bank with $3 billion in assets in central Virginia.

The card account, which has about $3 billion in outstandings, has about a year to run with Capital One; Boston Fed chief says recent virus outbreaks threaten economic rebound.

The industry's return on average assets has already dropped substantially and there are predictions that could get even worse. Many institutions will have to deal with elevated provisions for loan losses and expense management to survive.

Major payment companies have long looked on at cryptocurrencies as too risky to touch, but too tempting to ignore. Mastercard's latest move indicates that the card brands are ready to make a firm pitch for crypto spending.

Paralysis between Republicans and Democrats hurts the people who would benefit the most from digital delivery of government stimulus funds, argues Polyient Labs' Jeff Hinkle.

Criticized assets are on the rise, especially in commercial portfolios, and may be the forerunner of a wave of loan losses later this year or next year unless economic conditions strengthen.