The Latest

The Center For Financial Services Innovation has released a framework it says is designed to spur safe data sharing between financial institutions, fintechs and third-party data aggregators.

Zions Bancorp. in Salt Lake City posted a double-digit increase in quarterly profit that reflected higher fees and cost control.

Neither bank regulators nor banks' risk managers can afford to wait until rating agencies downgrade Deutsche before understanding the level of exposure they have to the German bank giant.

KeyCorp in Cleveland posted lower profit after merger-related costs cut into its bottom line.

Fannie Mae is planning to provide relief to lenders from potential buybacks for loans in which the borrower's income, assets and employment information have been validated through automated underwriting.

Receiving Wide Coverage ...Court hears SIFI appeal: The U.S. Court of Appeals for the District of Columbia heard arguments from the federal government on Monday that MetLife is a "systemically important financial institution" and requires stricter regulation. The Financial Stability Oversight Council voted in December 2014 that the insurance company was a "SIFI" but was overruled by a U.S. district court judge earlier this year. The FSOC is now appealing that decision. "Beyond issues related to MetLife directly, the case holds broader significance," the Wall Street Journal commented. "The ability to bring large financial companies such as MetLife under tougher rules was an important piece of the 2010 Dodd-Frank financial overhaul. The law created the council to … tag financial companies for stricter oversight if it determined their failure could put the broader economy at risk." Wall Street Journal, American Banker, New York Times

When the San Bernardino shooter obtained a loan online, he reportedly used his real name, which wasn't on the government's sanctions-screening list, underscoring the limitations of identity verification technology.

The technology behind bitcoin has almost endless use cases.

The experience Thomas Ko gained at Citigroup and Haley Kim's time at Wells Fargo were vital in building Samsung's mobile pay app.

Bizfi, a New York-based online small-business finance company, announced the hiring of John Donovan as its new chief executive officer.