The Latest

The CFPB has ordered Student Aid Institute Inc., a company accused of preying on student loan borrowers, to shut down, cancel all contracts and stop participating in the industry.

The Consumer Financial Protection Bureau on Wednesday ordered a San Diego student debt relief company to shut its operations, cancel all contracts and cease participating in the industry.

Former Oklahoma governor and American Bankers Association chief Frank Keating has been named a director of BancFirst in Oklahoma City.

Ryan Singer, CEO of startup Blockchain Health, explains how blockchain, multisignature and device ID technologies could give consumers greater control over their personal information — in this case, medical data — in the second part of a three-part conversation.Part I: 'Everyone Is Less Secure Over Time'

Model legislation in the works would give state legislatures a template for regulating virtual currency businesses. The Treasury is lobbying against clear exemptions for firms that don't control customer funds.

Huntington Bancshares has partnered with the owner of the NBA's Detroit Pistons to provide $25 million in financial support in Flint, Mich., in response to the city's drinking water crisis.

Bankers are fighting back against a plan that would allow Fannie Mae and Freddie Mac to invest in low-income housing tax credits, arguing they are critical for meeting Community Reinvestment Act requirements.

Bank of America now enables customers to directly enroll credit and debit cards in Visa Checkout within the bank’s online portal, simplifying the signup process for Visa’s streamlined e-commerce checkout service, the bank said March 30.

A federal court halted a Chicago-area operation that allegedly threatened consumers to collect phony payday loan debts and provided portfolios of fake debt to other debt collectors. It's the FTC’s first case alleging that practice.

The ability to program value exchanges without risk of censorship, moderation or theft gives smart contracts a leg up in servicing users who lack a mainstream banking association.