The Latest

Cathy Bessant pitches her bank to fintech startups; Blythe Masters pitches her fintech startup to banks; skepticism about Sallie Krawcheck's venture.

While it searches for a permanent deputy director, the Consumer Financial Protection Bureau has named David Silberman to serve as its acting No. 2 starting next week.

Joseph Chillura, CEO of the $3.5 billion-asset USAmeriBank, runs a privately held company that should be an ideal candidate for industry consolidation. While trying to keep an open mind, Chillura seems intent on staying on the sidelines as other Florida banks strike deals.

In theory, Sen. Bernie Sanders' plan to use Section 121 of the Dodd-Frank Act to break up the big banks sounds plausible. In practice, it won't ever happen. Here's why.

Authentication methods meant to keep cybercriminals from taking over accounts can also lock out legitimate users. This old dilemma is growing more vexing as cybercriminals get better at impersonating customers and as regulators increasingly push multifactor authentication.

After several years of tussling with mortgage rules and their implementation, the Consumer Financial Protection Bureau is focusing on several areas that will primarily affect the nonbank market, including debt collection, payday-type loans and prepaid cards.

SafeCharge in London is partnering with Saxo Payments to provide cross-border settlement account services.

A number of community banks, eager to make inroads with underbanked clients, are looking to offer employer-sponsored payroll loans.

The FTC on Thursday announced it has stopped illegal debt collection tactics of several debt collection operations. The crackdown includes four cases highlighted in Collections & Credit Risk. The FTC issued a statement about the cases to point out the success of Operation Collection Protection.

Fourth Corner Credit Union has lost its court battle to offer banking services to the marijuana industry, but its organizers are not throwing in the towel.