The Latest

California officials have opened a broad inquiry into the marketplace lending business, seeking data from industry participants that will be used to assess the effectiveness of the state's current regulatory regime.

TransUnion has acquired Trustev, an e-commerce ID and fraud protection startup based in Ireland, in a $44 million deal - including $21 million initially and $23 million more contingent on meeting certain targets.

A modern version of the Depression-era law would not only make banks safer, but it would also reduce compliance costs and erase the need for certain capital mandates.

Anchor Bancorp in Lacey, Wash., has named an accountant to its board, to settle a dispute with an activist investor.

Credit Union Journal's editor in chief invites you to share how you think this year—chock full of newsworthy events—should be remembered.

NCUA on Thursday said it has reached a settlement with Morgan Stanley, as the company agreed to pay $225 million to resolve claims arising from losses related to corporate credit unions’ purchases of faulty residential mortgage-backed securities (RMBS).

Despite strong calls for action, issue may languish until after the presidential election.

Reports that last week’s mass shooting in San Bernardino, Calif., may have been financed by a $28,500 loan from Prosper Marketplace have sparked a wave of scrutiny of online marketplace lending, where fraud rates are much higher than credit cards.

After more than a year of debate, the trade association is amending its bylaws that required credit unions to belong to both CUNA and their respective state leagues. Credit Union Journal offers a look at how the debate finally got to this point.

Despite getting off to what CUs likely consider a rocky start with the agency’s second attempt at RBC, industry observers say Matz came through on her promise of a ‘Year of Regulatory Relief.’