Banking

A bipartisan duo of lawmakers is set Tuesday to introduce a bill designed to increase homeownership opportunities for “credit invisible” consumers.

As an open network, bitcoin is in one sense the most inclusive financial system imaginable. But for now, transfers of the cryptocurrency are priced like a luxury good.

Doug Bowers said the company has moved beyond past issues, including corporate governance shortcomings and the abrupt departure of his predecessor, and is ready to bring in more loans and core deposits.

Rising taxes, declining population and the political landscape in Illinois have led several bankers to put more money and resources into nearby states.

Core deposit growth might be the best indicator of which banks will have true staying power in the years ahead.

Royal Bank of Canada has updated its mobile app to enable personal banking users to ask Siri to pay their bills on iPhone and iPad.

A jumble of security vendors and lack of cohesive planning weaken many banks’ cybersecurity defenses, experts say.

The CUSO has added a total of seven new owners so far in 2017.

Christine Duhaime, an anti-money-laundering attorney in Toronto, lays out the reasons banks should become early experts (and assist) in initial coin offerings. She also lays out the risks, especially in the wake of the SEC’s report suggesting some ICO tokens are really securities.

The company said that Dennis Shaffer, its president, will succeed James Miller at the end of this year.

The company agreed to buy County First Bank in a cash-and-stock transaction.

Welcome to the PaymentsSource Morning Briefing, delivered daily. The information you need to start your day, including top headlines from PaymentsSource and around the Web. Today: Klarna's P-to-P app; Andy Murray makes a tech investment; PayPal invests in AI; DueCourse's invoice payment engine struggles.

Acting Comptroller Noreika says he will defer to Congress to determine whether the rule requiring mandatory arbitration should be killed; Bitcoin Cash to start trading but is causing confusion in the digital currency market.

A spike in income volatility has some banks working on ways to help people cope, and now the fintech think tank Y Combinator Research is planning to test a possible solution, albiet a controversial one. Have you heard of "universal basic income" yet? You probably will.

The Fed’s quarterly Senior Loan Officer Opinion Survey found that demand decreased for both commercial and industrial and commercial real estate loans.

As much as $2.5 trillion, or nearly half of bank deposit growth since the crisis, may be attributable to the central bank's quantitative easing. If investors start drawing down on their accounts to buy back assets from the Fed, the trend could dampen liquidity at certain banks, add upward pressure on deposit prices and reshape M&A.

The South Pacific island's leaders have a creative solution to fix their cash-based economy that hasn't been done in the U.S. in nearly a century. But will regulators approve?

Athletics partnerships, scholarships, environmentally friendly activities and other ways credit unions are giving back.

Wells Fargo & Co. customers accused the bank in a lawsuit of forcing them to pay for unnecessary auto insurance that drove some of them so far into a financial spiral that their vehicles were repossessed.

Large banks like Wells Fargo have started using "cyber ranges" and "red teams" to respond to real cyberattacks on virtual versions of their real systems.