The Latest

WASHINGTON — The Federal Deposit Insurance Corp. is scheduled to release the Quarterly Banking Profile for the first quarter of 2015 on May 27.

Promontory said Wednesday that it acquired FS Advisory from Date, who founded the consulting practice along with Fenway Summer in 2013 after leaving the Consumer Financial Protection Bureau as deputy director.

WASHINGTON — The Senate Banking Committee approved a broad regulatory reform bill Thursday on party lines, with lawmakers on both sides of the aisle vowing to continue negotiations this summer.

Startup CP Security Inc. is taking on tech giant Apple in the digital and mobile payments ring, building what CP Security calls network fabric that will bolster payments security and reduce expense.

The Senate Banking Committee approved a broad regulatory reform bill Thursday on party lines, with lawmakers on both sides of the aisle vowing to continue negotiations this summer.

A year after initialing establishing a presence in Australia with its mobile card reader, Square Inc. says it will open its fourth "global hub" in Melbourne to expand uptake of its Register tablet-based point of sale system.

Federal courts in New York and Georgia halted three debt collection operations that allegedly violated federal law by tricking and threatening consumers via emails, text messages and phone calls.

A payment processor and telemarketer Hal E. Smith must pay more than $1.7 million to settle charges of running a deceptive robocall credit card scheme.

The number of branches at credit unions and banks has been surging for decades and presents some challenging problems for financial institutions as they face an ever-increasingly competitive landscape in the future.

Security Service is shovel ready on its new corporate campus, State Employees helps students apply for financial aid and more community news.