Compliance

Bill would offer some protection to CUs and banks doing business with state-authorized marijuana merchants.

NCUA Chairman claims credit unions that question budget increases don't represent members' best interests.

Visa Inc. shares surged 7.5 percent after the world’s biggest payments network said it expects to complete discussions over a potential deal to acquire Visa Europe Ltd. by the end of October.

Decrease results from reduction in operating fund by $2.9 million to $276.5 million, but the board also increased capital budget by $1.6 million.

Just a day after the Dodd-Frank Act's fifth anniversary, Senate Banking Committee Richard Shelby launched a new attempt to make significant changes to the law, attaching his regulatory relief bill to legislation that would provide funding for financial services agencies.

Connecting disparate payment platforms is the Holy Grail of cryptocurrencies. The path to building such a system is not always clear, but must start at the core of the protocol.

Europe's clash over interchange rates is being spun into marketing gold by alternative payment companies like Seamless.

The Consumer Financial Protection Bureau named Meredith Fuchs, the agency's general counsel, to fill the bureau's No. 2 leadership soon to be vacated by Steven Antonakes.

TrustCo Bank Corp NY in Glenville, N.Y., has agreed to improve corporate governance, capital planning, internal auditing and other areas after federal regulators found the issues during an examination.

Discover Financial Services in Riverwoods, Ill., continued its run of quarterly profit declines in the second quarter, due primarily to higher costs for compliance, marketing and customer rewards.

Buyout heavyweight Accel-KKR just bought a stake in Banker's Toolbox, a software company that helps community banks flag fraud. The PE firm says it was on the hunt for investments in the compliance space given the regulatory climate.

The federal regulator reported 25 CUs filed their call reports late, with 15 of those being fined a total of $5,107.

Two Florida men with connections to a $200,000-asset New Jersey credit union are being investigated by the FBI for running an unlicensed Bitcoin exchange for the purposes of money laundering.

President Obama signed the Dodd-Frank Act five years ago this month, but the battle over the law's impact and legacy goes on. Several top lawmakers spoke to American Banker about how their views have evolved since the law's passage. Here are some highlights from those conversations.

Key proponents and critics of the 2010 financial reform law commemorated its anniversary by keeping the debate over its legacy front and center.

As Treasury Secretary Jacob Lew defended the legacy of the 2010 reform law, in another part of the capital a banker and Republican lawmakers pleaded for legislative changes.

Citibank has joined a growing list of banks and vendors that have paid a stiff penalty for allegedly using deceptive marketing and billing tactics in selling credit card add-on products. It agreed to pay $770 million in fines and restitution charges, falling just short of a record fine issued last year.

he new regs are meant to close loopholes in an interest rate cap that applies to active-duty soldiers and sailors.

Citigroup is facing $770 million in charges after two federal regulators said the megabank engaged in deceptive marketing and unfair billing practices related to its credit card add-on products.

The White House announced Monday that it will nominate University of Michigan economics and public policy professor Kathryn Dominguez to fill the final open seat on the Federal Reserve Board.