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Data through April released by S&P Dow Jones Indices and Experian shows a consumer credit default composite rate of 0.86% in April, down seven basis points from March.

With the CFPB flexing its regulatory muscles, it's no surprise that collectors are making compliance a priority.

On tap at Thursday's NCUA Board meeting: the first-ever public briefing to board members on a proposal that is still under construction, a move that is aimed at creating a rulemaking process that is more open and accessible to all stakeholders.

Louise Walker, the head of First Northern Bank in Dixon, Calif., will be wearing an additional hat over the next year — chair of the California Bankers Association.

Requiring banks to improve records on which depositors are insured overlooks how the Federal Deposit Insurance Corp. resolves failures.

An appeals court panel has questioned whether Sallie Mae and SLM Corp. had actual knowledge of for-profit California Culinary Academy’s alleged scheme to prey on students and whether the lender perpetuated that lie to students.

Financial institutions claiming exposure to Target's 2013 data breach are one step closer to collecting a $39 million settlement.

Sb1 Federal Credit Union, a $634-million institution based in Philadelphia, will change its name to Ardent Credit Union, effective June 14.

For a more immediate payoff, community banks should focus marketing on older customers that are facing a new set of economic pressures.

Android Pay went live in the U.K. Wednesday, making the nation the first outside of the U.S. to support the service.