The Latest

The Consumer Financial Protection Bureau officially delayed issuing new debt collection rules until at least December, after originally expecting “pre-rule activities” to last through this past April.

A small Austin, Texas, bank, formerly called Libertad, had to abandon its initial plan to target unbanked Hispanics. But it has made the most of its second chance by finding a niche in lending to real estate investors. Now it's looking to diversify.

One of the more difficult challenges of the U.S. EMV conversion is getting the word out, especially given the urgency of the October deadline the card networks set for a fraud liability shift.

Visa and MasterCard's support for host card emulation (HCE) is a boost for mobile pay, though there are still security concerns.

The Sunshine State is once again outgrowing the rest of the country and some of its community banks are eager to become the state’s next flagship. Florida has changed a lot since the old Barnett Bank held that title, and so has banking. But now its thriving homegrown contenders aim to reshape the fragmented banking landscape, which is dominated by out-of-state rivals.

WASHINGTON — The Consumer Financial Protection Bureau is increasingly brandishing a post-crisis tool allowing it to label activities "abusive," but whether financial services firms are closer to understanding the term is still up for debate.

The Federal Reserve's ability to provide emergency lending to institutions in the event of a crisis must be eliminated in order to end "too big to fail," said Richmond Fed President Jeffrey Lacker.

ST. PETERSBURG, Fla. — PSCU says it is the nation's first CUSO certified to issue EMV-enabled debit cards on First Data's Debit Solutions platform in advance of the October EMV liability shift deadline.

First BanCorp in San Juan, Puerto Rico, has agreed to sell about $200 million in nonperforming loans and other assets to improve credit quality.

IdentityMind Global has upgraded its fraud prevention and risk management software to enable real-time monitoring of e-commerce fraud and money-laundering attempts at financial institutions.