The Latest

Moody’s Investors Service, which put three of Citigroup’s securitizations of unsecured consumer loans originated by Prosper Marketplace under review for a downgrade, was not invited to rate the latest offering.

As government and private sectors build up their defenses against mounting cyberattacks, a sharper focus on the "risk in the seams" of payments and data networks is needed, experts say.

An Illinois appeals panel found that collection agency HBLC may have broken federal collection laws by suing a man over a contested debt after the statute of limitations had expired.

Meridian Trust Federal Credit Union announced that it has received approval to merge with Panhandle Co-Op Federal Credit Union.

Payday loan customers in Alabama would pay less under a bill that won approval Wednesday from the Alabama House Financial Services Committee.

Consolidation is increasing risk to the Federal Deposit Insurance Corp. while reducing diversification in the industry.

If the Federal Reserve raises short-term rates in June, market volatility will spur investors to buy long-term bonds, driving down the 30-year mortgage rate to around 3%, consultant Barry Habib argues.

Wings Financial Credit Union has scored a deal to take over a branch from U.S. Bank at Minneapolis-St. Paul International Airport.

Intuvo, a company that provides marketing automation software to the credit union industry, and a division of CU Direct, announced that it has entered into new partnership agreements with Royal Credit Union and La Capitol Federal Credit Union.

Ride-hailing company Uber Technologies will start letting its drivers cash out their earnings whenever they want, an option that rival Lyft has offered since December.