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A long-expected change to the rules for provisioning against bad loans is coming soon, and opponents are going on the offensive, arguing that it is impractical and would be especially hard for small banks to comply with. But few concessions, if any, are predicted.

A new study indicates that careful evaluation of the current regulatory environment is necessary to ensure that the debt collection and debt buying industries are allowed to fulfill their role in the U.S. economy.

Anchor Bancorp in Lacey, Wash., is facing a renewed proxy battle from activist investor Joel Lawson 4th ahead of its annual shareholders meeting in late October.

The government appears to be speeding toward establishing uniform standards for student loan servicers in light of reports of pervasive problems in the administration of both private and federal loans.

The Alibaba Group is pouring more money into Indian payments powerhouse Paytm, with one report putting the investment at the equivalent of about $680 million, giving Alibaba control of 20% of Paytm's parent company, One97 Communications.

Thirteen banks have joined an alliance to develop commercial applications of distributed ledger technology in the financial industry.

Bank of America plans to lay off about 200 employees in global banking and markets, the Wall Street Journal reported Tuesday.

Some critics argue that it's a bad idea to introduce chip cards without PIN requirements. But this debate is a distraction from the payments industry's robust and multifaceted efforts to fight cybercrime.

Financial technology provider VSoft and payments technology provider Payveris have expanded an existing partnership to integrate payments technology into VSoft's new Iris Omni-Channel banking platform.

The mortgage delinquency rate in the U.S. dropped in August by the largest amount, based on a yearly comparison, since 2011, according to data from Black Knight Financial Services.