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The Federal Housing Administration's mortgage insurance fund now sits in a much better financial position, but officials say it's still not strong enough to make the premium cuts the industry wants.

Bank of the West intends to stop making indirect auto loans and will instead focus on financing purchases of boats and recreational vehicles. It’s just the latest example of a regional bank pouring more resources into the powersports sector.

The Wisconsin-based institution has returned more than $11.7 million to members over the past six years.

A recent bank failure and a new legislative effort are again drawing attention to the struggles of black-owned banks since the crisis — and the fact that only 21 are left.

The central bank originally predicted FedNow's launch within five years, but the Fed chairman told House lawmakers that he expects it will happen sooner.

Google doesn’t want to be a bank, but its move to offer checking accounts through Citi and a Silicon Valley credit union is a digital wallet architecture shift that will have far-reaching implications for technology-backed payment companies.

MoneyGram is partnering with Wing mobile banking service in Cambodia to offer money transfer services that allow users to send and receive funds directly into their mobile wallets.

China dominates the business. Facebook's proposed cryptocurrency could help alter the balance of power.

Coinbase Card has expanded its cryptocurrency exchange payment cards into 10 new countries and added five new crypto assets that users can spend.

First Bank of Berne has agreed to acquire Adams County Credit Union, turning the tables in a year in which 14 credit unions have announced deals to buy banks.

Allen Parker, who led Wells Fargo during its six-month search for a new chief executive, will leave the bank next year.

It’s the company’s responsibility to come forward with the information about how an algorithm that could be discriminating against women borrowers was designed and the exact impact of it, she said.

Consumer demand for digital financial services will inspire a wave of new partnerships.

Service Credit Union announced several promotions across the organization while other institutions made their own personnel moves.

The tech giant’s plan to offer checking raises concerns about how it will use customer data; third quarter loan originations were the second most on record.

Google Pay adds banks in Singapore; a contactless pay shirt debuts; and other information you need to start your day, from PaymentsSource and around the web.

Member business lending growth has fluctuated in recent years but growth overall is slowing even as balances continue to rise. The long run of success could prove to be a problem when the economy finally turns south.

For decades card networks and issuers outside of China have tried to enter the giant Chinese consumer payments markets, but mostly have run into walls because of shifting regulations.

Payroll processing provides the same kinds of efficiencies that can streamline procure-to-pay systems, says Nvoicepay's Jim Wright.