Compliance

Lawmakers can finally deliver long-promised regulatory relief if the House passes S. 2155 this week – the added benefit being that it will improve the lending process for credit unions and consumers alike.

Traditional credit scoring is under siege from alternative underwriting, and TransUnion is joining the future by investing in other emerging trends such as mobile device security and health care payments.

European financial institutions and central banks, along with critical European banking and payments infrastructure providers, face an increasing onslaught from hackers that has prompted two major responses from the EU.

Banks feeling the pressure in commerical lending from lightly-regulated, cash-flush competitors; financial institutions take "an increasingly militarized approach" to fighting cybercrime.

Deadlines imposed by U.S. and EU regulators are giving banks intercontinental whiplash.

The Wisconsin Bankers Association is rejecting a National Credit Union Administration ruling that the Federal Credit Union Act preempts a pair of state banking statutes.

Bank of America on where its AI hopes (and worries) lie; Zelle founder Paul Finch announces his leave from the payments network; the one area where banks and fintechs want more regulation; and more from this week's most-read stories.

In a letter responding to a request for clairty from the Wisconsin Credit Union League, the federal regulator expanded its preemption to include state-chartered, federally insured CUs.

News that Wells commercial banking employees improperly altered client documents will likely embolden the most vocal critics of
CEO Tim Sloan, who they say can't seem to resolve Wells' lingering problems.

Envestnet's aggregator rolls out PFM features meant to appeal to younger clients — and links to Alexa.