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Two of the biggest online consumer lenders don't always check whether borrowers are lying to them, and if they find errors in an application, they may still approve the loan.

Trump administration’s “lighter” regulatory proposal signals that banks may finally have entered a “post-crisis” era; IBM rolls out Watson artificial intelligence tools to deal with regulations.

IBM is set to announce new tools on Wednesday aimed at reducing the compliance burden of financial institutions and sifting through the mounds of data they collect by using Watson, its cognitive computer.

The nation's largest bank is dominant in New York, California and Texas, but it has little presence in the Mid-Atlantic and upper Midwest.

Digital banking services should solve consumers' problems and offer them advice, and they must rely on artificial intelligence and other cutting-edge technology, bankers from TD, RBC and Bank of the West said.

The House Financial Services Committee is slated to vote on several bills Wednesday that are designed to make private flood insurance a viable alternative to the National Flood Insurance Program.

CEO Kelly King also did not rule out a return to bank M&A now that BB&T has completed the integration of Susquehanna Bancshares and National Penn Bancshares.

The Treasury plan includes a slew of items that don’t require Congress to act, and appear feasible in the short term. Here's a guide to what changes could be made.

It also plans to deploy the startup’s technology that analyzes data and offers predictive advice.

A recently announced partnership with Nasdaq is one of multiple investments Citi has made in ventures related to distributed ledger technology, its chief financial officer said Tuesday.

In a move that will certainly cause friction across the card payments industry, Amazon announced a new service called Amazon Prime Reload, which incentivizes newcomers to the program to load funds using a debit card or bank account with a 2% cash back on purchases.

JPMorgan Chase’s partnership with OnDeck Capital was expected to augur a wave of similar agreements between banks and online business lenders. But so far, most banks have avoided joining forces with companies they also view as competitors.

While banks are in various stages of development when it comes to distributed ledger technology, the industry is further along than many would assume, big-bank technology executives say.

In its continuing expansion of the Visa Ready faster certification program, the card brand is targeting technology companies that develop software for Visa's business-to-business payments services.

This morning it was announced that Fiserv is to acquire UK mobile payments veteran Monitise for 70 million pounds ($88.72 million). This is quite a bargain considering that at its peak, Monitise was valued at around 2 billion pounds. But beyond the firesale price tag, what exactly does Fiserv get out of this?

The Treasury Department published its first report on regulatory reform, offering some familiar industry asks alongside some surprising positions.

Too many consumers don't fully understand how the apps work and don’t trust that their data is secure, a new J.D. Power study shows.

The financial institution-owned person-to-person network formally went live Monday, enabling direct transfer of funds across 30 U.S. FIs. There are a lot of questions around whether it can compete with the current kings of P-to-P — Venmo and PayPal — but Zelle may not be aiming to take them head-on just yet.

Wells Fargo, which is expanding its investment banking unit, has hired Mike Mayo to oversee U.S. large-cap bank research.

The brand new low-income credit union will serve downtown Lincoln, Neb., and hopes to provide an alternative to predatory payday lenders.