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About 6,000 U.S. banks, including those as small as $500 million in assets, are required to implement the "standardized" approach in Basel III. Ernst & Young's Peter Davis discusses the extent of the changes they face.
August 24 -
Live Gamer Inc. has typically provided virtual currency services to video game developers, but as Nevada prepares to let casinos take their high-stakes games online, the vendor is betting that its expertise will prove valuable when the games put real cash at stake.
August 24 -
A controversial proposal to seize underwater mortgages through eminent domain faces significant legal challenges in California because the three municipalities do not have statutory authority to convey loans to a private company.
August 24 -
Borrowers are paying down their card and loan debts. The big exception is student loans, according to new data published by Equifax.
August 24 -
Bitcoin lets users send money nearly instantaneously, at almost no cost, and (if desired) anonymously. Getting funds in and out of the system is the hard part. That may soon change.
August 24
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Borrowers are paying down their debts across a number of credit categories — with the big exception being student loans, according to new data published by Equifax.
August 24 -
The Treasury Department recouped $62.4 million in its latest auction of the securities it owns from the Troubled Asset Relief Program, but it was unable to find a buyer for shares Guaranty Federal Bancshares in Springfield, Mo.
August 24 -
The PayPal-Discover deal; Dunkin' Donuts follows Starbucks into mobile payments; a Bitcoin MasterCard?
August 24 -
Politicians, regulators and lenders still have much to learn from a period dominated by the "affordable housing" ideology.
August 24
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Federal agencies intervened in the private student-loan market during the financial crisis and could play a future role, said Rohit Chopra, the Consumer Financial Protection Bureau's student-loan ombudsman.
August 24



