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CFPB Director Richard Cordray took issue with a House Republican report that said he lied about his agency's role in investigating the Wells Fargo phony-accounts scandal.

Mastercard is extending the amount of time it allocates to global employees for bereavement to 20 days, following Facebook’s adoption of a similar policy.

Until now, Amazon's moves seemed like cautious pokes at the deeply ingrained habit of going to a store and paying with a plastic card. Furthermore, any competitors may have seen Amazon's lacking retail store presence as a buffer that kept them at least temporarily safe from the same fate that befell the bookselling world. How naive they were.

A proposed merger regulation from NCUA could make it easier for members to share opinions on whether or not their CU should merge, but analysts say it could also allow members to compliate or even derail the entire process.

Amazon is working aggressively to change the way people shop — especially in the grocery space — but not all of its activities focus on products and store design. The e-commerce giant has also influenced a lot about how people use their payment cards.

U.S. C&I loan growth has dropped below that of the eurozone for the first time in six years; bank employee says Chase discriminates against fathers when it comes to family leave.

Younger consumers spend much of their time on messaging platforms, creating a risk for retailers that are not active in the channel.

The initiative comes as the bank is carving out a niche in the market for midsize companies.

The most innovative projects shared at Digital Banking 2017 involve embedding banking in popular devices and apps like Facebook Messenger and Amazon Echo.

As the trade group celebrates its golden anniversary, it welcomed NCUA acting Chairman McWatters to talk reg reform, a "generational expert" breaking down how different age demographics impact the workplace and more.

The online lender, which focuses on high-earning millennials, is offering assurances that it will also serve Americans who make less money. But the company has not convinced critics, who say the plans are inadequate.

The Consumer Financial Protection Bureau proposed further changes Thursday to its final rule on prepaid cards and is seeking public comment on whether to delay implementing it a second time.

With the first half of 2017 drawing to a close, bank executives gathered this week at the Morgan Stanley Financial Services conference to discuss their companies’ performance thus far and, more important, outline their priorities for the rest of the year and beyond. Here are some of the highlights.

The eight winners of an annual fintech competition will receive $250,000 in capital and resources.

The American Civil Liberties Union is accusing JPMorgan Chase of violating the Civil Rights Act by discriminating against fathers when they ask for parental leave.

The Society for Worldwide Interbank Financial Telecommunication plans to add instant payments messaging for the European market by late 2018, marking another step in its ongoing faster payments projects.

Job cuts are the beginning of a new round of cost-cutting; Wells accused of modifying home loans on distressed borrowers without customer or bankruptcy court approval.

The Senate Banking Committee voted Wednesday to approve the nomination of Pam Patenaude to be the deputy secretary of HUD.

Thirty-eight House Democrats sent a letter to President Trump voicing their concern that Wall Street insiders will be appointed to top spots at the Federal Reserve Board.

Fed Chair Janet Yellen called the Treasury's report a "complicated document" that shared many of the central bank's objectives, including reducing regulatory burden without sacrificing safety and soundness.