The Latest

Student loan demand continues to climb alongside rising rates and tuition costs, but new proposals from the Department of Education are adding further complications for potential borrowers.

Canadian banks will likely report profit gains of as much as 10% in the third quarter as four rate increases by the Bank of Canada make consumer and commercial loans more profitable.

Hanmi Financial in Los Angeles will pay more of the deal price in cash, prompting SWNB Bancorp to postpone its shareholder vote.

Risk management and payments technology provider linked2pay says paycosmos has become the first independent sales organization to offer its merchants the Instant Merchant Settlements service.

Air Canada and its banking partners sweetened their bid for Aeroplan, winning over Aimia’s board and an activist shareholder that was seeking a higher price.

The Community Reinvestment Act can lower — not increase — bank credit availability in some low-income regions, and the OCC should reconsider holding fintechs to the same standards with its new charter.

To compete with fintech startups, banks need to find more ways to use the mountains of data already at their disposal.

One expert offers credit union leaders "the best defense against risk" and lessons from previous economic crises.

The financial technology services company leverages credit data.

The bank said the candidate planned to accept money from the medical marijuana industry; the crash in digital currency prices’ long-term consequences.