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Moynihan Wins Vote; Blankfein's Illness

Small to medium sized businesses are often cast as unprepared for the card network's October deadline for EMV-chip card migration. But how bad can it really be?

These technology players will see their share of transaction value from the banks significantly reduced in Europe, compared to the US, due to the huge discrepancy in interchange fees across the two continents.

Bank of America Chief Executive Brian Moynihan gets to keep his chairman's title but still faces a major capital plan deadline in just a week and then will have to sort through the fallout from what has been a challenging third quarter for the entire industry.

Although new HMDA data shows no negative effects from CFPB mortgage rules that went into effect last year, industry representatives argue it isn't showing the full picture.

Five credit unions are beta testing a Small Business Administration-compliant lending tool as part of a partnership between the National Federation of Community Development Credit Unions and Minneapolis-based Community Reinvestment Fund, USA.

Circle Internet Financial, the Bitcoin services company and wallet provider, has become the first company to receive a BitLicense from the New York State Department of Financial Services.

New York's regulation of Bitcoin businesses is "still not perfect," a Circle Internet Financial executive says, but it didn't want to pull its services from the state as some have.

While Congress has been unable to pass housing finance reform, Fannie Mae and Freddie Mac have done a good job of adhering to some of the spirit of recent bipartisan legislation, according to Mark Zandi, chief economist at Moody's Analytics.

CommonBond has expanded its student loan refinancing program to more than 2,000 universities at the graduate and undergraduate levels.