Compliance

Zopa is moving away from its longtime status of being a non-bank to apply for a banking license through the Prudential Regulation Authority and the Financial Conduct Authority.

As the Justice Department winds down its Mortgage Fraud Task Force and a new administration prepares to enter the White House, the number of False Claims Act cases brought against Federal Housing Administration lenders is expected to dwindle.

Credit unions can learn about cybersecurity and how to strengthen relations with digital vendors through a webinar hosted by the National Credit Union Administration.

Merchants may have gained an edge in their dispute with Visa over how EMV debit transaction routing is handled at the point of sale.

Following the regulatory orders against Wells Fargo and the resignation of its CEO, stockholders are likely to ask whether the board has responsibility and even liability for the bank's compliance failures.

Refusing to let innovators experiment in a permissive environment keeps regulators in the dark, and ultimately, prevents progress in financial services.

Sen. Elizabeth Warren, D-Mass., delivered a blunt message to fellow Democrats on Monday, warning them not to support efforts to restructure the Consumer Financial Protection Bureau.

Sen. Elizabeth Warren delivered a blunt message to fellow Democrats not to make any deals when it comes to restructuring the Consumer Financial Protection Bureau. But whether the progressive Democrat can hold the line with her colleagues or stave off Republican attempts to rejigger the agency using filibuster reform remains to be seen.

The Clearing House, which is co-owned by the nation’s largest banks, has asked the Justice Department to conduct an antitrust review of its next-generation payments network. A thumbs-up from antitrust officials could prove useful in convincing smaller banks to join the effort.

Region V has the most combined assets of any region nationwide, with higher loan growth than the national average.

Metsger's remarks came during a recent panel discussion that dealt with exams, corporate assessments and refunds, the future of CFPB rulemaking and more.

If the National Credit Union Administration is worried about litigation from the Independent Community Bankers of America in response to its new field of membership rule, it is not showing.

Australia should follow India’s lead and scrap its biggest bank notes, UBS Group AG said.

Donald Trump's campaign strongly endorsed the idea of restoring the Depression-era separation of banking and commerce, but since Trump's victory, the idea has all but vanished.

The Consumer Financial Protection Bureau's contentious rulemakings on arbitration and payday lending may be in jeopardy with the change in administrations and continued GOP control of Congress.

Facebook has disabled so-called ethnic affinity filters from housing, credit and employment advertising following mounting criticism that the practice allowed marketers to discriminate against minorities in violation of fair housing and civil rights laws.

Officials of the National Association of Realtors were ecstatic about the Federal Housing Administration's lower owner-resident requirements for condo loans – until they read the fine print.

Probably the one thing credit unions can agree on regarding field of membership is this: a legal challenge to the new rule is coming soon.

While remittances may pose higher risks than services like bill pay, they are absolutely necessary in an age of unprecedented migration. It's high time state and federal regulators update the rules to help inspire banks to re-risk.

The Federal Trade Commission filed a lawsuit against NetSpend on Thursday, alleging that the prepaid card issuer deceived consumers in its advertising.