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MasterCard Inc. has formed an alliance with a Somalian bank to issue debit cards in the last African market aside from nations under sanctions where it wasn’t present.

It's no grace period, but the Consumer Financial Protection Bureau is working placate lender fears of hasty enforcement of its new integrated disclosure rules.

MasterCard has formed an alliance with a Somalian bank to issue debit cards in the last African market aside from nations under sanctions where it wasn't present.

Credit Unions Probed for AML Weakness; Three Banks Reject Target Settlement

American Banker dug into its archives for photos of some of the most influential banking figures of the 20th century, from the regulators who managed the 1980s savings-and-loan crisis to the visionaries who created the modern megabank. Hungry for more? Check out our previous slideshow, "Blasts from America's Banking Past."

Regulators have made great strides in recent years in crafting responsible underwriting guidelines, developing servicing standards and eliminating products and practices to ensure long-term success for homeowners. But there is a debate as to how best to increase access to credit for qualified borrowers.

Visa and Verifone hope to reach merchants that are anxious to follow the shopping experience as consumers make purchases through a combination of apps, websites and in-store visits.

It comes as a shock to few people that we’re currently in a period of high fraud, in an environment that can be characterized with words like “high risk” and “unstable.”

First United in Oakland, Md., has promoted Tonya Sturm to chief financial officer.

Community bankers are up in arms after one of the largest core processors told institutions it will likely raise costs because of a data collection effort undertaken by the Consumer Financial Protection Bureau.