The Senate Banking Committee's first look at regulatory relief for small institutions provided key insights into how the panel is likely to tackle the topic legislatively this year, suggesting it could be a long and contentious debate.

The creation of a new cybersecurity agency is the latest move by the Obama administration to combat the increasing threat of cyberattacks.

More than 100,000 potential plaintiffs can pursue class-action litigation accusing Leucadia National Corp. and a law firm of illegally winning default judgments in debt collection cases, a federal appeals court in New York ruled Tuesday.

Hackers in several financial services industry data breaches targeted customer-contact information that is often thought of as less sensitive. But crooks can use that data and other bits of stolen info to do great harm.

Speakers at the American Bankers Association's Conference for Community Bankers made it clear that smaller banks must find ways to embrace new and disruptive ways of doing business to compete the bigger institutions and nonbanks.

WASHINGTON — NewDay Financial has agreed to a $2 million fine after the Consumer Financial Protection Bureau alleged that the mortgage lender engaged in an improper kickback scheme and used deceptive marketing tactics targeted at veterans.

LONGVIEW, Texas — East Texas Professional CU saw member sales increase at the same time average visit times decreased after implementing a new lobby tracking system.

New York resident Nadia Figueroa pleaded guilty Tuesday for her role in stealing customer data while employed as a JPMorgan Chase bank teller. The scheme netted $850,000.

A Switzerland-based firm on Tuesday acquired Akcelerant, a U.S.-based financial software provider active in the accounts receivable management space.

Consumer borrowing - including credit card balances, student loans and auto loans - increased in December, according to the Federal Reserve’s monthly consumer credit report.

A total of 952 members of the U.S. armed forces will receive $123.4 million from a settlement with five mortgage servicers announced Monday by the U.S. Justice Department.

Citizens & Northern Corporation in Wellsboro, Pa., has named J. Bradley Scovill its new president and chief executive officer.

Bankers originally needed to shorten their hours in order to allow for the laborious paperwork involved in processing financial transactions. Now there’s no such justification for closing shop.

Corporate Insight's yearly awards for banks' online services show that financial institutions may have decided to throw all their eggs into the mobile basket to the detriment of their websites -something the firm warns is a mistake.

Bank Mutual Corp. is planning to close seven branches in Wisconsin.

Apple's mobile wallet has been out for just four months, and already it has shaken up the way mobile payments operate at the point of sale. It has faced pushback from some merchants and banks, but it has also popularized new forms of security and other payment technology.

The online loan marketplace Lending Club has formed a partnership with a nationwide network of community bankers.

Wilshire Bancorp in Los Angeles has agreed to buy Manhattan Bancorp's mortgage lending division.

NCR has launched a new automated teller machine in North America designed to improve the consumer experience and reduce costs associated with operating the ATM network.

The Consumer Financial Protection Bureau is raising concerns about the transparency and clarity of reverse mortgages based on more than a thousand complaints it received about the product.