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Two long-awaited developments — the Consumer Financial Protection Bureau's data access proposal and the Federal Reserve's faster payments network debut — are slated for next year. The combined effect on consumer banking might be more consequential than we now know.

Commercial loans at federally insured credit unions increased 25% to $132.2 billion in the third quarter of 2022, even though many institutions are facing a tough job market. Their answer is to find strong candidates within their own ranks.

Despite a slow year overall, banks announced several substantial merger and acquisitions in 2022.

Banks and other lenders revived special-purpose credit programs after racial-equity protests in 2020 prompted them to reexamine their services for historically underserved groups. Now they're taking those initiatives nationwide.

The U.S. should look abroad for innovative solutions to the problem of assessing the creditworthiness of borrowers with little formal credit history.

American Express, LendingClub and Webster Bank are among the financial firms that named new chief information officers and chief technology officers.

The $23 million deal, announced more than a year ago, was terminated following regulatory delays.

The sharpest run-up in rates seen in over three decades slashed mortgage origination volumes, and contributed to a volatile market environment, but had some cyclical benefits for servicing.

Consumer advocates urged a district court to dismiss a lawsuit against the Consumer Financial Protection Bureau, alleging that discrimination is an "unfair," practice under the Dodd-Frank Act.

The Internal Revenue Service is postponing for a year its requirement for e-commerce platforms, including Venmo, PayPal, Cash App and Etsy, to send tax forms to customers who have transactions of more than $600.

Sam Bankman-Fried has tried to suggest he didn't know what was happening at sister firm Alameda Research, which Caroline Ellison ran from Hong Kong while he was in the Bahamas. That casts his role in FTX's collapse as mismanagement rather than fraud. But Gary Wang, who was FTX's co-founder and based in the Bahamas with Bankman-Fried, doesn't fit into that picture.

A consumer financial-health checkup from the CFPB, a Mid Penn M&A deal in Jersey and more in banking news this week.

The Federal Trade Commission, in a consent agreement, instructed Mastercard to allow other debit networks to decipher 'tokenized' card account data used for online payments.

In his first American Banker interview since becoming CEO two years ago, Thomas Cangemi talks about the company's transformation into a full-service commercial bank now that it has completed its twice-delayed acquisition of Flagstar Bancorp.

The Paycheck Protection Program proved successful in providing small-business owners with funds to keep workers employed — but it was also a magnet for criminals. Here is a rundown of fraud probes, prosecutions and potential long-term consequences for commercial lending.

The National Credit Union Administration will soon name a director for its Office of Financial Technology and Access, which Hood — a board member and former chairman of the agency — created. He explains in an interview why the office's work is a priority.

Fintechs shed thousands of jobs during 2022. But firms with strong balance sheets plan to pick up talent to drive innovation in the new year.

SNAP recipients need easy and reliable access to their account balances and transaction histories. The Consumer Financial Protection Bureau ought to clear the way and let that happen.

Amid high inflation and favorable conditions for job-seekers, several banks hiked their starting wages this year. But even as their labor costs rose, they still found it hard to hang onto employees.

The consensus calls for shrinking collateralized loan obligation volume in 2023, but rewards are said to outweigh the risks.