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The Federal Housing Administration is expected to rebuff a government watchdog report that blasted down payment assistance programs. The report has raised concerns that mortgage lenders would have to indemnify FHA for past loans, and that housing finance agencies would have the programs restructured.

Bank of America puts an HR exec in charge of stress testing, a look at how Yellen compares to Bernanke at the 18-month mark as Fed chair, Sen. Collins tries to help small banks and Cullen/Frost shuffles some key executives.

American Express and Best Buy will allow consumers to make purchases on the retailer’s website using the reward points earned from their Amex spending.

MasterCard will provide tokenization technology to the Samsung Pay mobile wallet when it launches in Europe.

Retailers' repeated efforts to get courts to reject two class-action settlements get boosted by news that attorneys were exchanging confidential client documents throughout the negotiations.

Total System Services (TSYS), in partnership with commercial software provider Acquirer Systems, has launched a new EMV certification service.

Financial institutions take information security concerns very seriously, but few make it a priority to keep accountholders updated on their safeguarding efforts.

Mortgage servicer Residential Credit Solutions agreed Thursday to pay $1.5 million for blocking consumers’ attempts to keep their homes from foreclosure.

Three states don't allow state charters and two offer the option, but there are no takers. CU Journal explores why state charters never took off in these five states, and whether that might change.

The FTC is mailing nearly $1 million to people who lost money in a credit card interest rate reduction scam.