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Already defending itself against a lawsuit challenging its member business lending rule, the credit union regulator now must grapple with a challenge to field-of-membership regulations. Some observers suggest the scope of the legal approach is unprecedented.

Already defending itself against a suit challenging its member business lending rule, the credit union regulator now must grapple with a challenge to field of membership regulations. Some observers suggest the scope of the legal is unprecedented.

Maikki Frisk will become the Mobey Forum's executive director early next year, replacing Sirpa Nordlund, who is moving to a payments startup.

When BankMobile, the brainchild of Jay Sidhu and his daughter Luvleen, relaunches on a new platform in January, security — especially for the onboarding process — will be completely redesigned.

First Bancshares in Hattiesburg, Miss., has exited the Troubled Asset Relief Program, thanks partly to an assist from another bank.

WASHINGTON — The political independence of the Consumer Financial Protection Bureau may end not with a bang — after a protracted battle in Congress — but with a whimper, the victim of a bureaucratic rule that prevents the agency from appealing a pending court case to the Supreme Court.

WASHINGTON — The Federal Reserve Board is slated to vote next week on a final rule meant to help regulators recapitalize a major U.S. bank if it should run aground, one of the last significant capital regulations that the agencies have yet to complete.

The Office of the Comptroller of the Currency faces a challenging task as it attempts to add financial inclusion requirements to its pending fintech charter without following the exact blueprint of the Community Reinvestment Act.

Sen. Jeff Sessions, R-Ala., President-elect Donald Trump's pick to head the Department of Justice, could play a key role in the fate of the agency.

The growth that followed the turnover of Costco's payment cards from American Express has been greater than expected, according to the bank.