The Latest

The Federal Housing Administration will continue to charge borrowers an annual premium over the entire life of the loan, rejecting calls from some housing advocates to change how it’s calculated.

PayPal has long sought to improve its ability to reach external developers, and on Thursday made a new move in that direction by putting an open network called PayPal Commerce into beta testing.

JPMorgan Chase Chief Executive Officer Jamie Dimon bought 500,000 shares of the bank’s stock on Thursday, a person familiar with the decision said.

Banks' in-house venture funds tend to favor mature fintech companies, but BBVA's establishment of an outside fund should help the bank get in on the ground floor with early-stage companies.

Banks stocks fell further than the overall market yet again Thursday, as concerns about negative interest rates, the energy sector and other matters showed no signs of abating.

Remember those homeowners who walked away from their underwater mortgages even though they could still afford their loans? They're back, this time as prospective borrowers.

The Detroit company is plowing ahead with its growth strategy at a time when some shareholders are agitating over its sagging share price.

Senate Banking Committee members pushed Federal Reserve Chair Janet Yellen Thursday for some indication of whether the central bank would approve banks' so-called "living wills" or instead will force asset sales and other steps to simplify their structures.

Fifth Third Bancorp in Cincinnati said Thursday that it will spend $27.5 billion over the next five years to provide loans and other financial services to underserved communities in its region.

Silicon Valley companies like Marqeta, Stripe and Braintree cut their teeth on the open network concept, creating a place for themselves at the table of future embedded payments, instant card issuing or instant credit.