As Klarna wins installment lending for the retail giant's OnePay app, rival Affirm seeks to downplay the loss.

The Independent Community Bankers of America wants Congress to eliminate tax exemptions for credit unions with more than $1 billion of assets, scaling back an earlier request that would have targeted the entire credit union sector.

The payment company's listing comes amid market and political volatility, but the Swedish firm has its strong recent financial performance and distribution deals with JPMorgan Chase and Walmart on its side.

President Donald Trump's executive order severely limiting the Treasury's Community Development Financial Institution Fund has thrown the industry into confusion as financial companies try to quantify the damage.

In 2023, the Consumer Financial Protection Bureau cited Citibank for discriminating against Armenian Americans. The recent turmoil at the agency raises questions about whether the bureau will be able to carry out similar actions in the future.

As the Senate Banking Committee meets to consider landmark stablecoin legislation today, the banking industry is beginning to wake up to what some experts say is an existential threat.

President Donald Trump's tariff policies will strain some banks' business customers, as their supply chains will have to be reconfigured. But uncertainty is the real headwind.

Firms such as Circle, Binance and Coinbase say new bipartisan legislation will attract banks to the market, providing a boost for mainstream payments.

The Trump administration's attack on diversity, equity and inclusion programs raises the question: Will big banks continue their support of minority depository institutions?

Banks have embraced the Federal Deposit Insurance Corp.'s swift reversals on a range of topics, but the regulatory whiplash is complicating long-term business planning.

Ahead of a court hearing, the top lawyer at the Consumer Financial Protection Bureau says he ordered supervisory staff to get back to work. But examiners and supervisors are disputing that work is being done, noting that travel credit cards have been cut off.

Secretary of Defense Pete Hegseth's decision to halt operations against Russia could weaken intelligence important to banks defending against attackers.

With regulatory bills making their way through both houses of Congress, stablecoins could soon play a larger role in the financial system — with important implications for the Treasury market.

A study sponsored by America's Credit Unions finds that removing credit unions' tax-exempt status could raise consumer costs by $234.6 billion over 10 years, hurt GDP and result in job losses.

Lawmakers and regulators are cracking down on banks closing consumer accounts, but neither banks nor regulators have hard numbers on how big of a problem debanking really is — or why accounts are closed.

Donna Ferrato stopped paying her mortgage more than 15 years ago, yet she's still living in her Manhattan condo. Her case is part of a broader power struggle between mortgage lenders and homeowners in New York state.

President Trump's deregulatory promises have drawn praise from bank leaders, but leave experts worried of the potential for slipshod enforcement going forward.

By enabling consumers to link multiple payment options together, the card network can counter similar moves by rival Visa and fintechs such as Curve.

Deal advisors said the Trump administration's tariff threats and the specter of inflation have given some bankers reason to pause on acquisition plans. Momentum could still mount, but uncertainty in Washington is a detriment early in the new year.

The Trump administration's orders to stop supervisory exams at the Consumer Financial Protection Bureau are seen as a potential conflict of interest for Elon Musk, whose company X would have been overseen by the bureau when it launches its payments wallet.