Retail & Commercial

Despite a drop in truth in lending lawsuits, industry executives fear that new regulations and the emergence of the Consumer Financial Protection Bureau could prompt a revival in disclosure-related lawsuits.

The Federal Deposit Insurance Corp. in May issued enforcement orders against eight banks and freed 14 others from prior orders as part of a series of actions released Friday.

MasterCard has begun offering U.S. merchants and developers Simplify Commerce, a product of MasterCard labs, the Purchase, N.Y. card network's research and development lab.

A former bishop of a Mormon church in Connecticut was sentenced to nearly four years in federal prison for running a fraud scheme that roped in a participant in the Troubled Asset Relief Program.

Three federal agencies are competing for the gold medal in a "regulatory Olympics" over deposit advances. Their proposals would severely constrain banks from offering valuable products and assisting customers.

Huntington Bancshares said Thursday that it has forged a pact with Cleveland State University that gives its Huntington Bank the exclusive right to operate branches and automated teller machines on campus.

It's been an eventful year so far in the payments industry. Exciting new technologies, dramatic executive turnover and ongoing courtroom drama have defined 2013's first six months.

Provident New York Bancorp (PBNY) will raise $100 million through a debt offering.

Rep. Mel Watt defended his judgment and experience with housing issues during a hearing on his nomination to head the Federal Housing Finance Agency, but it's unclear if the performance was enough to sway Republican opponents.

The CFPB is targeting more banks in a probe of an auto-loan program for military service members. Its $6.5 million settlement with U.S. Bancorp and a third-party service provider highlights the risks in vendor relationships.