Economy

CrediFi helps bankers pursuing commercial real estate loan growth minimize the risk in lending to customers they historically haven't served.

Many bankers say they’re more comfortable with using artificial intelligence behind the scenes, but others — including Synchrony and Wells Fargo — insist AI can be used to interact with customers if it’s deployed properly.

Bigger banks complained that a two-tier system would force them to rethink their models, while smaller banks raised concerns about adding more complexity to an already burdensome process.

Business lending at the 10 largest regionals got a boost from turmoil in the securities markets; hedge funds stand to gain if conservatorship ends.

Credit unions will scramble to fill executive jobs as baby boomers retire. More institutions could recruit women as CEOs but there are still challenges to creating a diverse executive suite.

John Ciulla, one year in as CEO of Webster Financial, discusses how he is preparing for the next downturn, picking his spots in tech spending, and remaining cautious about M&A.

As suspense builds over which firm will be the first to seek the special-purpose charter, a side discussion has emerged over which financial services sector has the most to gain — or lose — from the new option.

At a FASB meeting Monday on proposed changes to the accounting standard, its critics will be given a platform.

Small businesses short on cash can use advances from Fundbox to buy products from online suppliers.

The leaders of the biggest U.S. banks are likely to be summoned to face questions from the Financial Services Committee, an early sign that the financial industry will endure tougher scrutiny under a Democratic-controlled House.

The largest banks are expected to soon receive requests to appear before the House Financial Services Committee; banks taking steps to curb scams.

The Financial Services Committee also announced the head of a newly created subcommittee on diversity and inclusion.

Three groups in North Carolina have scrapped plans to start banks because of difficulty raising capital, among other reasons.

The question of what banks are doing to aid government workers shows how the industry is still struggling to rebuild its image following the crisis.

Several new members of the House Financial Services Committee with backgrounds in housing could use their experience to address Chairman Maxine Waters' top agenda items.

The company protects digital assets with hardware-based security, biometrics and quorums. Hedge funds are already signing on.

With a permanent director confirmed, the agency should take steps to establish a small-business data collection rule mandated by the Dodd-Frank Act.

Timothy Mayopoulos is back in the mortgage industry, becoming the new president of the digital mortgage technology developer Blend, months after leaving his post as Fannie Mae’s CEO.

The industrial loan company charter is getting more attention as doubts grow about a new federal license for fintechs.

Fannie Mae and Freddie Mac shares soared Friday amid fresh reports that the Trump administration is working on proposal that would recommend freeing the mortgage-finance giants from government control.