Economic news

Credit unions need to be thinking about pressure on net interest margins and declining revenues.

A Deutsche Bank and Commerzbank merger would face many hurdles; the mini-branch will have longer hours and cater to small companies.

Bank employees say management has not let up on ambitious sales goals; women bankers say UBS cut bonuses after maternity leave.

The Federal Reserve voted Wednesday to keep the countercyclical capital buffer at its current level of zero, ending some speculation that the board could be looking at a possible increase.

The Federal Reserve said it wants to discourage banks from using returns on Fed account balances as a business model.

Companies are scrambling to shore up Brexit strategies to ensure their payment systems work, a difficult if not impossible task given the political uncertainty. But it’s also an unavoidable complication, which Tipalti hopes will provide a boost for its service, which is built to expect uncertainty.

Brick-and-mortar retail isn’t dead yet. Though the trend of retailers closing stores in the face of stiff competition from e-merchants is certainly troubling to commercial real estate lenders, it would be a mistake to conclude that all retail loans are risky. Here's a look at which ones are the safest and, potentially, the scariest.

The decision shows how hard it is to prosecute an individual banker; reports say Nordea, the Nordic area’s largest bank, handled suspicious transactions.

Fincross, based on the island of Mauritius, is launching a regulated investment bank for digital assets. It faces tough competition.

Crypto exchanges are adopting anti-fraud surveillance tools as they attempt to root out pump-and-dump schemes, insider trading and bogus orders.

The U.S. embassy wants to meet with Sweden’s financial regulator over AML concerns; revelation that he borrowed to buy Barclays shares doesn’t sit well with others.

With Brexit on the horizon, the U.K.’s new agriculture bill is expected to drastically change the payments landscape for U.K. farmers — most notably through a new payments scheme known as the Environmental Land Management Scheme (ELMS).

Bank’s involvement and complex financing draw ire of Barclay shareholders; banks report financial deceit by those who know seniors.

With U.S. sanctions in place against Venezuela, banks fear compliance violations; exclusion and cyber attacks the biggest concerns of cash-free society.

Bank makes first hires for its corporate cash management business; the former Fed chair says the industry is too focused on profits.

The chance of losing money on an integration with a service such as PayPal is extremely low, and you could achieve a double-digit reduction in cart abandonment, writes Chad Reid, a director at JotForm.

Former Managing Director Timothy Fletcher banished for role in referral hiring; Apple-Goldman collaboration shows banks fear missing out.

Japan’s Mizuho Bank will unveil a digital currency platform next month with an app enabling customers to pay at participating merchants with the new J-Coin Pay via a QR code.

Readers weigh legislative proposals on pot banking, consider JPMorgan's new digital coin, debate the Federal Deposit Insurance Corp.'s brokered deposit rules and more.

The agency's pilot program, designed to streamline mortgage insurance applications associated with the Low-Income Housing Tax Credit program, will now include applications for new construction and substantial rehabilitation.