Economy

The House Financial Services Committee debated legislation Wednesday to reform and reauthorize the National Flood Insurance Program, but no clear solution emerged.

In remarks to credit unions, the Senate Banking Committee Chairman said that fixing the government-sponsored enterprises and data security were priorities.

Nick Zappia is joining the bank from rival BNY Mellon in what is one of the first key hires of new CEO Kelly Coffey.

The regional bank, which recently agreed to buy SunTrust, is co-developing a game to help elementary-school kids learn to read.

The combined bank would be chartered in North Carolina, with the FDIC serving as its lead federal regulator, N.C. Banking Commissioner Ray Grace says. The merger partners had other options, including the Fed and the OCC.

More than two years after Wells Fargo's consumer scandals first came to light, the congressional backlash facing the bank is bipartisan and just as fierce.

Big bank mergers have historically been a catalyst for startups. Experts say it could happen again.

Loyal Trust Bank will have a large number of Asian-American investors and board members.

Royal Bank of Canada's Dave McKay told investors on Tuesday that he's increasingly worried about the so-called FANG companies — Facebook, Amazon.com, Netflix and Google parent Alphabet — getting into banking.

Women are being driven from high-technology jobs by lingering male-dominated culture, and Christine Lee is calling on colleagues with high-profile positions to take responsibility for changing that.

Over five years as CEO of WEX, Melissa Smith has led the international corporate payments company through several quarters of growth through organic expansion and acquisitions. One of her signature moves is the artful use of partnerships to extend WEX’s payments technology in the fuel card, health care and travel sectors.

Apps that let people access their pay on demand have become wildly popular. Do they solve a problem, or are they Band-Aids?

It took less than six months to hammer out the biggest bank merger in more than a decade, and the price was one of the last things discussed, according to a new federal filing.

The Nusenda Credit Union Foundation, which is being honored with a Wegner Award, works with its partners to find creative solutions to unmet needs, including its mircolending program, Co-op Capital.

Mark Calabria, who could be confirmed as early as this month, is expected to focus on changes to Fannie Mae and Freddie Mac’s conservatorships to let the mortgage giants keep more of their profits.

Until now, Toyota Financial Services has offered banking services to its dealers. But as it builds its digital bank, that will soon change, according to its newly appointed chief information officer.

SIFMA approval could bring new competitors and housing finance reform; number of applications rose but amount borrowed still lags other firms.

Direct blockchain transfer of relief goods can help organizations navigate government bureaucracy quickly, avoid the potential mishandling of funds by intermediaries, and expedite aid to exactly where it is most needed, according to David Uhryniak, a blockchain services leader at Crowe LLP, and Brian T. Zygmunt, a partner at Crowe.

Readers consider Square's bid to become an industrial loan company, weigh the Federal Deposit Insurance Corp.'s oversight of brokered deposits and debate reforms to the Consumer Financial Protection Bureau.

The bank will fund community development financial institutions that lend to women-owned businesses backed by the fashion designer's foundation.