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Alex Acosta played an instrumental role helping the bank raise capital and emerge from a 2011 regulatory order.

The financial industry has been bracing for the Trump administration’s planned revisions to Dodd-Frank, but banks are taking aim at another, potentially even more consequential regulatory framework: the rules and procedures around curbing money laundering and financial support of terrorism.

Greylock adds community development team and more new hires, promotions and awards at CUs across the country.

U.S. District Judge Gladys Kessler is set to rule next week on whether to halt the Justice Department's quest to force banks to cut ties to industries it considers to be at high risk for criminal activity.

After recording a $35.9 million quarterly loss, the online small-business lender said that it plans to reduce its annual expenses by $20 million, cut 11% of its staff and more than double its loan-loss provision from a year earlier.

The Share Insurance Fund, Operating Fund and others all received clean audits for 2016.

The Canadian Federation of Independent Business (CFIB) and Mastercard have reached an agreement that will reduce payment card interchange rates for members of Canada’s largest small-business organizations, bringing them on par with large merchants’ rates in the market.

The rush to stake out central roles in the emerging Internet of Things is picking up speed, with IBM and Visa announcing a partnership for adding secure payments technology to everyday objects, including vehicles.

JPMorgan Chase has partnered with the fintech firm Roostify to build a digital self-service mortgage platform.

First Data's quest to be viewed as a diverse digital company means it can't just offer a product; it has to offer a platform that other companies can use.