A trade group for payment processors is accusing the Federal Deposit Insurance Corp. of improperly pressuring banks to cut ties with merchants in the pornography business.

Online payday lenders operate a Wild West marketplace full of financial fraud and consumer abuses, according to a new report released by the Pew Charitable Trusts.

Online borrowers are often hit with unauthorized charges and subjected to threats of arrests, according to a new report from the Pew Charitable Trusts.

Former President Bill Clinton will deliver the keynote address at the November event, which is expected have more than 5,000 participating students.

Pennant Management, a Wisconsin investment manager for community banks and retirement plans, sued a Florida lender for allegedly selling it more than $22.8 million in sham loans that the lender said were guaranteed by the government.

Two American Indian tribes so far have failed to prove that New York's top banking regulator exceeded his authority in cracking down on out-of-state payday lenders last year, an appeals court panel ruled this week.

The Federal Reserve must take steps to improve handling of complex settlements like the one reached with mortgage servicers over improper foreclosures, an internal watchdog said in a report.

PNC Financial Services in Pittsburgh has appointed a former brand executive for the National Football League to its board.

Examiners will not require community banks to adhere to new risk governance standards, but they are likely to expect community bank boards to incorporate the guidelines' fundamental principles into their oversight.

Just when it seemed that some banks might be putting their legal woes behind them, another threat has emerged that could involve the entire industry — debt- collections litigation.

United Community Banks in Blairsville, Ga., has announced a series of executive changes following the retirement of its chief risk officer.

Citizens Community Bancorp in Eau Claire, Wis., will close three branches.

The agency has been hounding the "significantly undercapitalized" bank to provide written capital restoration and contingency plans that would include ways Doral could be sold or liquidated.

The fact that a customer has been with your bank for an extended period of time may not be as predictive of their future decisions as you think.

OceanFirst Financial in Toms River, N.J., has shed some nonperforming mortgages.

PayStand, an e-commerce gateway for alternative and traditional forms of payment, is opening up its application programming interface (API) to support payments with credit cards, e-checks and Bitcoin.

New York's top banking regulator has the power to regulate online lenders owned by Native American tribes, the U.S. Court of Appeals in New York ruled Wednesday.

Bank of America has combined the roles of chairman and chief executive for the first time since the immediate aftermath of the financial crisis.

The $171 million-asset company said in a press release Wednesday that it was recently informed that certain loans used to back its investment in repurchase agreements may be fraudulent.

The $7.9 billion-asset company said in a press release Wednesday that Michael Blodnick plans to retire next year.