The Latest

A community development venture in the District of Columbia supported by Citigroup, government officials and local financial institutions has partnered with loan marketplace Biz2Credit to facilitate loans to small businesses.

WASHINGTON — Sens. David Vitter, R-La., and Elizabeth Warren, D-Mass., introduced legislation Thursday that would make several changes to the Federal Reserve Board and its powers.

WASHINGTON — Two reports issued Thursday by the Treasury Department's Office of Financial Research suggest regulators have not considered all the potential risks from central swaps clearing and more steps may be needed to mitigate those risks.

St. Anne's reaches out to local youth, First Tech supports Junior Achievement and more.

American Banker readers share their views on the most pressing banking topics of the week. Comments are excerpted from reader response sections of AmericanBanker.com articles and from our social media platforms.

A statement by a foreign regulator that it might penalize banks that drop businesses due to heightened supervisory risk has spooked U.S. institutions who worry domestic agencies could follow suit.

Mercury Network, the mortgage lender and appraisal management company software unit of a la mode, was acquired by private equity firm Serent Capital, the companies announced Thursday.

The company recently completed its purchase of Central Bancshares. Following a methodically spaced-out integration, management expects it will be in a special position to do more deals in the state because MidWestOne is publicly traded.

Munich-based payment company Wirecard AG will support the implementation and financial processes behind the launch of Orange Cash in Spain.

Wells Fargo and other banks are testing the use of mobile devices to authenticate consumers in the drive-through lane. The pilot, designed to expedite service and improve security, serves as the latest example of a growing trend: preordering banking services via digital devices.