Compliance

The former secretary of state used the Wells enforcement action to call for tougher standards on Wall Street, restraints on the use of forced arbitration clauses and continued defense of the Consumer Financial Protection Bureau.

The two trade associations have partnered to fight the Independent Community Bankers of America, and some analysts say this could just be the beginning of new legal challenges from bankers related to high-stakes regulatory reform at NCUA.

New monthly reporting from CUNA Mutual Group and NAFCU shows that while membership and lending gains remain strong and steady, credit unions should expect compliance costs to continue to increase as more regulatory experts are needed at credit unions.

Meta Financial in Sioux Falls, S.D., has agreed to buy most of the assets and liabilities for a company that handles transactions for tax preparers.

While the Wells Fargo scandal might offer marketing opportunities for community banks, there is concern about regulatory fallout that fails to distinguish between large and small banks.

EMV chip cards have delivered on their promise to halt counterfeit fraud at the physical point of sale. But for a technology developed long before the invention of e-commerce, mobile wallets and the word "omnichannel," delivering on its promise still feels like falling short.

Wells Fargo Chief Executive John Stumpf’s two disastrous appearances on Capitol Hill are boosting calls for him to resign – and many analysts are wondering whether the embattled executive will be able to keep his job.

Wells Fargo Chief Executive John Stumpf's two disastrous appearances on Capitol Hill have fueled calls for him to resign — and many analysts are wondering whether the embattled executive will be able to keep his job.

Julie Stackhouse, head of supervision at the Federal Reserve Bank of St. Louis, discusses the insights that resonated at the regulator's recent community banking conference — some encouraging for the future of small financial institutions, others less so.

A bipartisan group of House lawmakers sent a letter to the Consumer Financial Protection Bureau on Thursday expressing concern about the agency's proposal to rein in payday lending and other short-term credit, warning it could hamper credit availability.