Compliance

If the National Credit Union Administration is worried about litigation from the Independent Community Bankers of America in response to its new field of membership rule, it is not showing.

Australia should follow India’s lead and scrap its biggest bank notes, UBS Group AG said.

Donald Trump's campaign strongly endorsed the idea of restoring the Depression-era separation of banking and commerce, but since Trump's victory, the idea has all but vanished.

The Consumer Financial Protection Bureau's contentious rulemakings on arbitration and payday lending may be in jeopardy with the change in administrations and continued GOP control of Congress.

Facebook has disabled so-called ethnic affinity filters from housing, credit and employment advertising following mounting criticism that the practice allowed marketers to discriminate against minorities in violation of fair housing and civil rights laws.

Officials of the National Association of Realtors were ecstatic about the Federal Housing Administration's lower owner-resident requirements for condo loans – until they read the fine print.

Probably the one thing credit unions can agree on regarding field of membership is this: a legal challenge to the new rule is coming soon.

While remittances may pose higher risks than services like bill pay, they are absolutely necessary in an age of unprecedented migration. It's high time state and federal regulators update the rules to help inspire banks to re-risk.

Any company that uses point of sale systems or technology is at risk.

The Federal Trade Commission filed a lawsuit against NetSpend on Thursday, alleging that the prepaid card issuer deceived consumers in its advertising.