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Attractive demographics, a large supply of startups that appeared built to sell and a surplus of smaller banks struggling with high expenses have combined to make the Mid-Atlantic one of the most active regions for mergers and acquisitions.

Fannie Mae and Freddie Mac should be able to rebuild a capital buffer to avoid any potential crisis in the mortgage market, according to a coalition of affordable housing advocates, homebuilders and small mortgage lender groups.

State regulators felt they were strung along by the mortgage servicing giant Ocwen Financial after years of promises that were never fulfilled, resulting in successive enforcement actions against the company.

Some banks seek to dominate the digital-identity business, but they stand to benefit even if their efforts fall short.

As financial institutions look closer at the increasingly detailed consumer credit data available, they are learning consumers are more apt to pay off personal loans before mortgages, auto loans and credit cards.

The Commodity Futures Trading Commission has launched an office dedicated to exploring fintech issues, the agency’s head announced Wednesday.

Google's new "Actions on Google" platform eliminates what is possibly the biggest source of friction in mobile commerce: Getting consumers to download an app and set up an account for purchasing.

The Federal Deposit Insurance Corp. is set to release its quarterly barometer of the banking industry on May 24.

The old record was set just before the Great Recession, and what may be most remarkable is that it took nearly nine years to reach a new milestone.

China’s internet titans are set to supply ample evidence that online spending continues to defy a slowdown in the world’s second largest economy.

As financial institutions look closer at the increasingly detailed consumer credit data available, they are learning consumers are more apt to pay off personal loans before mortgages, auto loans and credit cards.

Royal Bank of Canada is applying blockchain technology to its loyalty program, in an effort to make its rewards more tangible and accessible.

In an extensive interview, Philadelphia Fed President Patrick Harker talks about the challenges facing community banks, the biggest threat to the financial system and the possibility of interest rate hikes later this year.

Treasury Secretary Steven Mnuchin is expected to face tough questions on the OCC, Glass-Steagall and housing finance reform when he testifies on Thursday.

Bank of America is giving its "erica" chatbot more time to learn the nuances of language and banking basics. A profanity filter is one recent addition.

American Express Co. is the latest to add voice controls for card services via the Amazon Alexa digital assistant.

JPMorgan Chase's chief caught a lot of Trump blowback at its annual meeting but refused an activist investor's challenge to step down from the president’s council on jobs.

MoneyGram’s stockholders have voted to approve a deal to be purchased by China’s Ant Financial for $1.2 billion.

A House Republican bill would allow lax lending standards to creep back into the financial system by gutting the CFPB, according to a letter from 158 law professors and scholars.

Google reportedly will provide a payment request application programming interface (API) on its Chrome browser to allow users to more easily make payments on mobile devices through third-party apps.