The Latest

Republican lawmakers agree with Obama that outdated regulations need to be changed, but were pessimistic that the administration would support efforts to roll back the compliance burden on banks.

NCUA sent a letter to credit unions outlining the agency’s top priorities examiners will be focusing on as they audit credit unions this year.

Avidia Bank has been operating a new integrated platform for a few weeks that brings together third-party processor compliance, risk management, ACH and card payment acceptance, and remote deposit capture on one platform.

The banking and fintech industry is experiencing fundamental change driven by not only new and evolving regulatory guidelines, but also by the changing needs and expectations of consumers – largely attributed to organizations like Netflix and Amazon.

Having shored up capital following the financial crisis, many banks are flush with cash and in search of ways to put it to use. One option for banks that did sale-leasebacks in the past is to reacquire their branches.

Community bankers and credit unions scored a significant victory while others in the mortgage industry lost out in the Federal Housing Finance Agency's final rule establishing membership standards for the Home Loan banks.

The insurance giant MetLife dropped a bombshell on Tuesday, saying it would separate a "substantial portion" of its U.S. retail segment, in part because of the current economic and regulatory environment.

Credit unions and community bankers scored a significant victory while others in the mortgage industry lost out in the Federal Housing Finance Agency's final rule establishing membership standards for the Home Loan banks.

The credit union movement soon will lose yet another iconic figure, as Stan Hollen announced he will retire as president and CEO of CO-OP Financial Services on May 31.

Ford Motor Credit is rolling out a pilot program that allows small groups of people to lease a vehicle together.