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Alternative data "may improve the speed and accuracy of credit decisions and may help firms evaluate the creditworthiness of consumers," the agencies said.

Apollo Bank's agreement to be sold to a credit union has bankers worried there will be larger such sales in 2020.

Apollo Bank's agreement to be sold to a credit union has bankers worried there will be larger such sales in 2020.

Her comments signaled cooperation between the two agencies on a coming proposal to revamp the Community Reinvestment Act, but she raised questions about CRA assessment areas and developing a single compliance metric.

More health plans are turning to technology-driven methods to address the growing mental health needs of their members.

BB&T has said the outage, which blocked customers' account access for hours, cost it about $20 million.

The agency said it plans to make its cost-benefit process “more structured” and incorporate “a number of analytical practices identified in standard references.”

Craig Howie, who joined the bank after a merger, will succeed the retiring Jon Evans on Jan. 1.

The agency announced changes meant to reduce compliance costs and allow some institutions to provide estimates rather than disclose exact prices for international money transfers.

BB&T has said the outage, which blocked customers' account access for hours, cost it about $20 million.

Negative benchmark interest rates are becoming commonplace in Europe and Japan. Here’s what US credit unions need to know in case that happens here.

Concerns over surviving another recession coupled with issues such as keeping up with technology could cause more credit unions to find partners.

Former T. Rowe Price portfolio manager Henry Ellenbogen is making Rapyd his first bet.

The National Credit Union Administration barred a half-dozen people from participating in the affairs of any federally insured financial institution following charges of theft, fraud and other offenses.

The chairman of the National Credit Union Administration will have to answer lawmakers' questions about his political activities, while comments on various agency proposals are also due this week.

First Horizon Bank has chosen to utilize FIS’ Relationship Rewards white label solution to provide faster rewards payouts that focus on the entire bank-customer relationship and not just individual transactions.

First Horizon Bank has chosen to utilize FIS’ Relationship Rewards white label solution to provide faster rewards payouts that focus on the entire bank-customer relationship and not just individual transactions.

Apple has launched its contactless Apple Pay Express Transit Mode, which does not require authentication such as Touch ID, for the Transport for London mass transit services.