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HUD Secretary Ben Carson told lawmakers that overly rigid False Claims Act enforcement had forced lenders to suffer financially for what were just minor errors, but that lenders' fears of being sued were dissipating.

The $6 million acquisition will add four businesses with a total of $700 million in assets under management.

One credit union shakes up its mangement team with a bevy of new promotions, including five new branch managers, and more new hires, promotions and other personnel news.

Critics of the Consumer Financial Protection Bureau have long sought to convert its leadership structure from a single director to a five-member commission. Here’s why the idea is dead on arrival.

The Worcester, Mass.-based credit union was selected to participate in the Federal Home Loan Bank of Boston's Equity Builder program, and can receive up to $110,000 this year to help homeowners with down payments, closing costs and more.

Banks say that an appeals court’s decision to ease restrictions will allow them to warn customers more easily when loans are past due or accounts have been compromised. But consumer groups argue that the decision gives financial firms license to market their products more aggressively and could lead to more harassing phone calls over unpaid debts.

A growing number of fintechs are finding ways to cater their offerings to credit union members, including one co-founded by a former credit union CEO.

More buyers, spurred by increased lending and an improved economy, are pursuing deals for banks with an abundance of cheap deposits.

Alipay already has inroads in Mexico, where its mobile wallet is accepted at some retailers popular with Chinese tourists. Through a partnership with Openpay, it’s expanding Mexican merchants’ access to these transactions in person and online.

One fintech has a new twist on gamification — tie savings contributions to achievement in the most popular games.