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The consumer bureau says the online lender improperly extracted millions from over 5,000 accounts without getting authorization.

The core-banking vendor won the investment and ringing endorsements from the trade group and several banks because its open system and cloud delivery could eventually challenge entrenched tech players.

Recent comments attributed to the acting head of the Federal Housing Finance Agency (who is also comptroller of the currency) have stoked speculation about the Trump administration’s housing finance policy.

Starbucks is being pressured to add an in-app option for deliveries rather than redirect customers to Uber's app.

The New York company will also match donations made by its employees to Feeding America and United Way Worldwide.

Despite a generally positive picture in the Shared National Credit report, regulators warned that underperforming loans in the portfolio remain elevated.

In 2017, the National Credit Union Administration board approved provisions to make mergers more transparent. But one of those changes has become a casualty of the government closure.

Fiserv’s $22 billion deal to acquire First Data creates pressure to scale core banking and payment processing that may force further industry consolidation.

Wells Fargo has jettisoned a longtime strategy of growing its own leaders in favor of importing them as part of the effort to clean up its image.

Discover leaned heavily on rewards to drive new card acquisitions and sales growth in the fourth quarter, but suffered a double whammy of rising reward costs and higher charge-offs, causing it to miss analyst earnings expectations.

The problem with bug bounties is that while it can complement vulnerability management programs, it does not offer the comprehensive coverage an enterprise requires, contends Mark Weiner, CMO of Balbix.

The leaders of the biggest U.S. banks are likely to be summoned to face questions from the Financial Services Committee, an early sign that the financial industry will endure tougher scrutiny under a Democratic-controlled House.

Proposals that would have financial firms monitor or refuse to finance certain firearms purchases are misguided, putting the onus on unelected corporations.

It could be time for credit unions to rethink emergency plans after a second active shooter struck a bank branch in about four months, industry experts said.

Delinquencies, which are on the rise across financial services, clouded an otherwise solid quarter for Discover Financial Services.

Readers weigh in on the Consumer Financial Protection Bureau's payday rule, consider the gender wage gap in banking, debate restrictions to membership at the Federal Home Loan banks and more.

The Financial Services Committee also announced the head of a newly created subcommittee on diversity and inclusion.

With SBA lending at a standstill, many small businesses can't access the capital they need to create and retain jobs, Stephen Steinour says.

Spring Labs is spearheading a group of prominent fintech lenders to use a blockchain-based, peer-to-peer network to share consumer information to help with ID verification on loan applications.

Samsung’s been pushing for government support for its blockchain and cryptocurrency technology for much of the past year, and early Galaxy S10 leaks suggest a built-in crypto wallet will be among the handset's planned features.