Fintech

A new kind of institution wants to make the interest rate the Federal Reserve pays to its member institutions more widely available, but that could have big implications for monetary policy.

The industry has taken some steps to lower barriers to affordable housing, but some observers say that more can be done.

There are lots of reasons for companies to have multiple payment accounts, though reconciliation can be a pain. But there are ways the cloud can mitigate the headaches, says Nvoicepay's Mike Fortmann.

With legal questions still lingering, the regulator said it will begin accepting applications from credit unions looking to take advantage of its revised field of membership rule but did not specify when it would take action on those submissions.

Intense competition for deposits and a growing need for scale are spurring more New Jersey banks to seek out buyers.

The Poughkeepsie, N.Y.-based institution will be able to serve a dozen counties after the change takes effect on Oct. 1.

With its CEO planning to retire, Penobscot County Federal Credit Union has agreed to merge with The County FCU.

The Fed's development of a real-time payments systems has sparked a pointless debate about paper checks.

Elevations Credit Union has agreed to buy the assets of Cache Bank & Trust.

Young people prefer transfer apps, but privacy and authentication will need to be improved, says Sonarax's Benny Saban.