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The rate of unbanked consumers declined to its lowest point since the Federal Deposit Insurance Corp. began its biennial survey in 2009.

A year after launching Africa's first digital currency, Nigeria's central bank is turning to the nation's three-wheeler taxi operators to speed the adoption of the eNaira, as regulators across the world scrutinize its every move.

The day after the FOMC announces its policy decision, Christian Scherrmann, U.S. Economist at DWS Group, will offer his take on the meeting, Fed Chair Powell's press conference and what comes next.

Student loans haven't delivered their promise of a middle-class life for millions of Americans, and the U.S. system of financing higher education via individual borrowing is making inequalities in the country worse, according to a new study.

Apple updated its App Store guidelines Monday with new and clearer language explaining its policy toward cryptocurrency trading and nonfungible tokens.

Amazon.com is allowing certain customers to use their Venmo wallets when checking out as the retailing giant tweaks its payment options for customers ahead of the holiday shopping season.

The all-stock acquisition of Limestone Bancorp in Louisville would give the buyer an additional $1.5 billion of assets and 20 branches in the Bluegrass State.

HSBC Holdings named Georges Elhedery as its new chief financial officer, setting up the bank's former markets boss as a potential front-runner to eventually replace CEO Noel Quinn.

Collins Community Credit Union in Cedar Rapids, Iowa, said Monday that it laid off 38 employees, primarily in its mortgage lending division. In September, GreenState Credit Union in North Liberty, Iowa, cut 42 employees, or about 5% of its workforce.

The Fed's interest rate hikes are meant to tame inflation, but the secondary impacts on housing could give the central bank a reason to pump the brakes.

Loans at the Utah bank increased 6% in the third quarter. Executives said a darkening economic forecast could lower that figure.

CEO Rob Holmes says that much of the Dallas company's increased spending is now in the past. But meeting the bank's targets is "a complete show-me story," one analyst said.

The digital card-issuing company Marqeta will offer bank-as-a-service options to nonbanks; Cross River Bank teams with American Express for card issuing on behalf of fintechs; and a Discover Global Network study reveals 78% of fintechs are interested in partnering with payment networks.

Nickels, which works with the credit union service organization Reseda Group, is using its $4 million seed funding to give financial institutions more visibility into consumers' debts.

The agency expects one in five borrowers to be eligible for the new pricing benefits.

The bank is using Google Assistant technology to power its virtual assistant, Fargo, according to Michelle Moore, head of digital at Wells.