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First Farmers Financial in Converse, Ind., has agreed to buy Citizens Exchange Bank in Fairmount, Ind.

The glacial pace at which card providers and merchants are adding EMV chips to their cards and payments systems benefits no one, and opens new possibilities for card fraud.

Lansing, Mich. – The Michigan Credit Union League & Affiliates (MCUL) announced that state legislators on the House Financial Services Committee unanimously passed a six-bill package that will update the Michigan Credit Union Act (MCUA) for the first time in more than a dozen years.

Sen. Elizabeth Warren, D-Mass., and Rep. Elijah Cummings, D-Md., are urging regulators to bolster new swaps rules in the wake of a controversial rollback of a provision of the Dodd-Frank Act last year.

A Delaware-based collection agency will handle billing for millions of dollars in unpaid claims on services provided to a county hospital in California.

Federal prosecutors on Tuesday charged three men in connection with the mass hack attack on JPMorgan Chase that took place in June 2014.

Indiana Attorney General Greg Zoeller is urging Indiana members of Congress to work to restore a longstanding prohibition on student loan debt collectors from using robocalls to cellphones.

A new International Association of Commercial Collectors survey, “What I Wish My Clients Knew, What I Wish They Told Me,” suggests that by closing any gaps in record-keeping and consistently following credit and collection procedures, commercial creditors would eliminate some of the biggest obstacles to collection.

Neel Kashkari, the former assistant Treasury secretary and Goldman Sachs executive who oversaw the Troubled Asset Relief Program, has been appointed to head the Federal Reserve Bank of Minneapolis.

With the CFPB poised to finalize regulations on overdraft fees, it is important to realize how much the product helps informed consumers.