Regulation

The vast majority of comment letters to the FDIC support the fintech’s banking venture, in stark contrast to the public outcry over the pre-crisis ILC bids by large retailers.

The agency began seeking comments in December through a "request for information" on how to improve the agency's process for considering new deposit insurance applications.

The bureau wants to further remove the threat of legal liability for firms that test products benefiting consumers, but the attorneys general say the agency cannot provide immunity from state law.

Lawmakers should step in to address the proper status of loans made by banks that have partnered with fintechs, rather than letting the courts decide.

Undercover cops arrested a Miami Beach man for trying to sell bitcoin for dollars. Carlton Fields attorney Matthew Kohen explains what the case means to banks.

Depository mortgage lenders are optimistic the final version of a regulation designed to open up the flood insurance market will make it easier for them to comply with a rule requiring them to accept private carrier policies.

A potential government shutdoown looms over a busy week in Washington that includes the National Credit Union Administration's monthly board meeting.

In her first speech as a governor, the former community banker and Kansas state regulator highlighted the strengths of smaller institutions and the banking agencies' tailoring efforts.

The company on Monday also announced an initiative to boost economic opportunities for African-Americans that will focus on job training, career-leadership pathways and wealth building.

Regulators should clarify rules around deposit-advance products so that banks can serve consumers seeking short-term loans, like those affected by the recent partial closing of the government.