The Latest

Capital One Financial in McLean, Va., is splitting up the management of its cards business.

Payday lenders are seeking a court injunction to stop what they say is a concerted effort by federal banking regulators to cut them off from the mainstream financial system.

Whether or not retailers are properly guarding their payment hardware and their in-store networks, a bigger issue might just be the workers who have access to retail organizations' data — including both regular staff and temporary holiday workers.

How some credit unions are staying true to the movement's roots by promoting thrift and saving instead of spending.

Most blockchain vendors have been competing against each other for banks' business, but if the technology's true value lies in its interconnectedness, vendors will have to keep embracing open-source software and collaborate even more.

James Cope, a former Pinnacle Financial Partners director who pleaded guilty to insider trading in October, was supposed to pay a $55,000 fine as part of a plea deal. But the judge hearing the case contends he should pay more.

The Federal Housing Finance Agency's decision to raise conforming loan limits in 2016 for the first time in a decade is being met with enthusiasm from the mortgage industry, as it should prove to be a positive for future origination volume.

The Pennsylvania company has redoubled its outreach to low- and moderate-income consumers by partnering with Operation Hope on a down payment assistance program and naming a veteran banker to the newly created post of director of fair and responsible banking. But despite these efforts, history says Fulton is unlikely to escape punishment if the Justice Department finds that it violated fair-lending laws.

Ping-pong tables, latte machines and other neat frills don't attract millennials as much as companies like to think, according to Melissa Louis, managing consultant at The Gallup Organization, which has done massive surveys in this area. "The biggest thing millennials really care about is development," she says. "Are they going to be in an organization where they will be consistently coached, where they can see a path for themselves in the future, regardless of what role they're starting in?

An Israeli startup in the emerging B2B2C space that allows consumers to make payments through major messaging apps has completed a $6 million round of funding backed by Banco Santander, Mastercard and other investors.