The Latest

The House Financial Services Committee approved a data security bill Tuesday that would require all companies that handle sensitive financial data to have similar security protections and notification requirements as financial institutions.

Patriot National once suffered seven straight years of losses. Again profitable, the company is looking to use capital to buy back leased branches, improve technology and make the first acquisition in its 21-year history.

NAFCU has promoted Carrie Hunt to executive vice president of government affairs and general counsel.

U.S. District Judge Thomas M. Durkin denied requests for a new trial made by collection agency/mortgage servicer Residential Credit Solutions after it was ordered to pay $2 million to a woman who fought a foreclosure action brought by the firm.

Financial institutions' growing curiosity about so-called blockchain technology has spawned a new category of technology: blockchain as a service.

Several CEOs hitting the magic age of 63 have chosen to sell their institutions, suggesting a dearth of younger executives waiting in the wings.

Align Commerce, a San Francisco-based firm focused on cross-border payments for small and midsize businesses while expanding the use of blockchain technology to move currency, has hired Intuit veteran Jay Hansen as compliance officer and general counsel.

For mobile commerce provider Cardfree, landing a deal with Dunkin' Donuts to upgrade its app to include pre-ordering and payment is like a trip to the past.

Wyndham Hotels and Resorts agreed Wednesday to settle FTC charges that the company’s security practices unfairly exposed the payment card information of hundreds of thousands of consumers to hackers in three separate data breaches.

Bank of the Ozarks in Little Rock, Ark., which has made 15 bank deals since 2010, has raised $110 million in an offering of its common stock.