The Latest

Looking at the majority of recent articles around the launch of Apple Pay in the UK, you’d be forgiven for thinking that the most exciting aspect of Apple Pay is its harnessing of Near Field Communication (NFC) technology.

Freddie Mac's second-quarter single-family funding was the strongest it's been in a year, positioning the company to supplant the coming drop in refinancing with purchase mortgages.

Federal Deposit Insurance Corp. Vice Chairman Thomas Hoenig on Tuesday reiterated his plan for banks that stick to "traditional" banking models and maintain high capital ratios to receive eased regulatory requirements, but added an extra incentive to the mix.

Great Western Bancorp in Sioux Falls, S.D., has named former Federal Deposit Insurance Corp. vice chairman Andrew "Skip" Hove its new chairman.

Lending Club reported a small quarterly loss on Tuesday as the marketplace lender stuck with its strategy of pursuing growth rather than near-term profitability.

An Astoria Financial investor is demanding that the Lake Success, N.Y., company explore a possible sale or other ways to increase shareholder value.

TriState Capital Holdings in Pittsburgh has promoted its bank's chief risk officer to bank president.

NCR Corp. said the U.S. Securities and Exchange Commission doesn't intend to recommend enforcement action against the company over 2012 allegations of foreign business violations.

Sen. Richard Blumenthal (D-Conn.) is asking the Merchant Customer Exchange to explain why Apple Pay and other Near Field Communication-based payment systems were prohibited in some MCX stores shortly after the Apple wallet's 2014 launch.

Credit Union Journal is inviting credit unions to showcase what makes them special in our 19^th Annual Day in the Life of Credit Unions project.