Congress should get behind the Fed's effort to launch a real-time payments service instead of getting in its way.

U.S. Bancorp is eliminating thousands of branch workers as it adjusts to changing customer preferences, according to a person briefed on the decision.

A majority of banks globally may not be economically viable because their returns on equity aren’t keeping pace with costs, the consultancy said in its annual review of the industry released this week.

Complaints that banks, credit unions and nonbanks compete on an uneven playing field should be heard, just as community banks must take seriously the threats from high-tech rivals, says Julie Stackhouse, a retiring supervision official at the St. Louis Fed.

The move follows similar offers from other major brokerages in the last two weeks, as the wealth management industry races to woo clients with the lowest-priced products possible.

At TCF National Bank in Detroit and First National Bank of Omaha, early results from artificial intelligence pilot programs are strong.

Usage of mobile and online banking services continues to rapidly expand. Here's how credit unions can help members understand the value these sevices offer.

Customers of the New Jersey bank will be able to complete applications in minutes and receive funding in as little as one business day.

The Toronto-based bank has hired 1,200 people across five countries in North and South America to focus on digital features.

The service from Evolve Bank & Trust and Branch lets workers access a piece of their next paycheck to meet unexpected expenses.