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Many banks are adopting an “it takes money to make money” approach, paying more interest on deposits in exchange for loan growth, fee income and customer retention.

The mortgage finance giants Fannie Mae and Freddie Mac could need nearly $100 billion in bailout money in the event of a new economic crisis, according to stress test results released Monday by their regulator.

Supporting the Ronald McDonald House, Habitat for Humanity and other ways credit unions are making a difference in the communities they serve.

With lawmakers reportedly looking into NCUA’s $1 billion legal bill, some members of the NCUA board behind that arrangement say they’re unsure what exactly legislators are hoping to accomplish.

The online lender said it is on track to hit its goal of becoming profitable by yearend. It also extended a partnership agreement with JPMorgan Chase.

Sam Maule is set to head up North America expansion for 11:FS.

A San Francisco startup working with Swift plans to launch a network that would tie self-executing contracts to independent data sources.

Investar Holding has reached an agreement to acquire BOJ Bancshares for $22 million, helping it expand in its home market of Baton Rouge.

MoneyGram’s total revenue declined slightly during the second quarter to $410 million, resulting in flat growth compared to the previous quarter based on constant currency.

Bank Asia in Bangladesh has partnered with Western Union, enabling consumers to send and receive funds via a network of 1,250 bank agents throughout Bangladesh.