Compliance

NCUA issued its prohibition orders for the month of February, prohibiting four people from employment and activity in the affairs of any federally insured financial institution.

Western Union has promoted Jacqueline Molnar to chief compliance officer.

The nation's largest marketplace lender announced changes Friday to its partnership with Utah-based WebBank. The revisions are designed to preserve Lending Club's ability to ignore state interest rate caps.

Cybercriminals and hackers are increasingly targeting people, and not just technology, in an attempt to breach financial institutions.

Capital One Financial in McLean, Va., has added Amazon's former chief information security officer to its board of directors.

The bank's approval last year to buy OneWest Bank included a condition to submit an updated Community Reinvestment Act plan, but the CRA program now being presented by CIT is far from adequate.

Several major announcements took place at 2016's Mobile World Congress in Barcelona, but just as much activity was happening outside of the event. These big reveals demonstrate the increasingly global and digital nature of the payments industry.

The credit union regulator's latest recovery from legal action following the corporate credit union crisis brings total legal recoveries to more than $2.4 billion.

Regulators’ focus on having banks and credit unions offer payday loan alternatives to underserved consumers overlooks the success of Web-based companies in filling credit gaps.

The Consumer Financial Protection Bureau has not named a permanent deputy director since July. Given the contentious political battle over Cordray's recess appointment and ultimate confirmation by the Senate in 2013, some former officials say it may wait until after the election to make a choice. Here's why.