The Latest

A federal judge in Michigan has dismissed a proposed class-action lawsuit accusing debt buyer Encore Capital Group of suing consumers over old debts that were no longer legally enforceable.

The American Association of CU Leagues names new CEO, CUNA focuses on “transformation” and other CU professionals in the news.

The U.S. Supreme Court's decision last week not to review a mortgage-backed securities lawsuit renewed interest in a long-brewing legal conflict over the mandate of the Financial Institutions Reform, Recovery, and Enforcement Act.

PayPal is scrapping plans to build an operations center in Charlotte, North Carolina, saying that recent legislation passed in the state undercuts the rights of lesbian, gay, bisexual and transgender people.

PayPal Holdings Inc. is scrapping plans to build an operations center in Charlotte, North Carolina, saying that recent legislation passed in the state undercuts the rights of lesbian, gay, bisexual and transgender people.

U.S. Bank's steep price for instant payments risks limiting the feature's appeal. Rather than overcharging, banks need to think longer-term about how to drive payments volume.

Donald Trump proposed to block billions of dollars in payments immigrants send back to Mexico if the government there refuses to pay for a border wall, in a potentially devastating move for Mexico's economy.

State Bank Financial in Atlanta has agreed to buy NBG Bancorp in Athens, Ga.

Union Bankshares in Richmond, Va., has agreed to buy Old Dominion Capital Management in Charlottesville, Va.

Delaware, whose business-friendly laws have lured more than half the country's publicly traded corporations and more than 60% of the Fortune 500 to incorporate in the state, is now vying to become a hub for blockchain technology.