Banking

The $2.1 billion settlement is likely to be the last of the big toxic mortgage cases from the financial crisis; the move pressures rivals to lower prices.

The industry group wants the FDIC to reject an ILC request from student lender Nelnet and impose a two-year ban on future applications.

Fintech firms have the federal option they have long sought, but meeting the agency’s application requirements will not be easy.

Wire and other payments fraud affected a record number of businesses last year, and the FBI is warning in particular about real estate scams.

Seven credit unions have asked Michigan's banking regulator for permission to launch a trust company, a move that bankers says oversteps that industry's role of helping people of modest means.

Catch up on a deluge of sexual harassment disclosures from banks and regulators. Brace yourself — it gets ugly, with rape and strangulation among the lowlights. Then marvel at how one fintech CEO who fell early in the #MeToo era engineered a fast comeback. Plus valuable insight on anger.

Loan growth accelerated for those in our annual ranking of banks with assets of $10 billion to $50 billion. See which of these 65 regionals are the best performers.

Treasury, OCC want to make it easier to compete with banks; the two banks will sell notes and other products through a broker network.

The information you need to start your day, from PaymentsSource and around the Web. Today: CVS and 7-Eleven add Apple Pay; U.S. plans to deregulate fintech; A phishing attack uses PayPal's brand; Binance buys a crypto wallet; the NFL players union adopt blockchain for player-driven content.

Depending on the asset class, about 11%-18% of earnings per share came from tax savings. The looming question is how do they top themselves in 2019 when tax rates don’t change like they did this year.

Despite continued industry consolidation, the company still expects to have at least 10 chances each year to buy another bank.

Vendors keep merging, and new ones keep forming. For banks, the change brings access to more options, but shorter relationships.

Greater Christ Baptist Church Credit Union had assets of just $608,000, and saw mounting losses during each of the last three years.

Seeing an opportunity to address the multi-billion dollar cannabis industry’s needs for payments processings, Zodaka is launching with a system that focuses more on price than process.

The state follows Colorado’s lead in adopting reforms pushed by the Pew Charitable Trusts.

At least six groups are exploring opening new banks in the state, which is enjoying an economic recovery and has a dearth of local financial institutions.

The Trump administration is making more than 80 recommendations to encourage financial innovation within a regulated space, including endorsing the creation of a federal fintech charter.

The information you need to start your day, from PaymentsSource and around the Web:. Today: Jamie Dimon discusses health care initiative; Apple Pay's contactless dominance has its limits; Gaming blockchain rewwards; Square's brand pops up in phishing scheme.

Stock options offered employees during the financial crisis are now worth $3 billion; the JPM CEO says he talked with Jeff Bezos about a job two decades ago.