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The number of minority depository institution charters is declining even as their financial performance is going up, according to a new study by the FDIC.
June 25 -
Many people still distrust banks, but many also look askance at the social media giant, making it an unlikely savior of the unbanked.
June 25
American Banker and Financial Planning -
As lawmakers meet this week to discuss artificial intelligence, they should work with regulators to create universal and workable definitions.
June 25
Kabbage Inc. -
Dallas Fed chief says lower interest rates may require stricter rules to ward off riskier lending; after financial crisis, debt backed by HELOCs disappeared.
June 25 -
The speed and the bipartisan nature of the demand for an investigation into Facebook's Libra are telling, giving ammunition to those who warned the cryptocurrency space is underregulated and unsafe
June 24 -
Ron Rubin, on leave after a sexual harassment complaint, filed a lawsuit claiming that the state's chief financial officer, through an intermediary, sought a $1 million contribution as part of a quid pro quo to get the job.
June 24 -
Nearly half the nation's state regulators have agreed to a new multistate licensing business for money servicers, including fintechs.
June 24 -
House Financial Services Committee Chairwoman Maxine Waters wants to examine the merger of BB&T and SunTrust, as well as Facebook's cryptocurrency plans.
June 24 -
Companies that offer early access to earned wages want a regulatory framework for their fast-growing industry. But the bill under consideration in Sacramento is exposing big divisions in the sector.
June 24 -
As the Federal Credit Union Act turns 85, industry figures are working on issues related to executive compensation, UDAAP and more, all while girding for a slowdown in membership and loan growth.
June 24












