Economy

The global loan platforms present an extreme example of the ongoing clash between the fast-moving financial technology sphere and the staid world of financial regulation.

The Payments Security Task Force and the EMV Migration Forum will offer educational materials about EMV-chip card payments, including templates of social media posts and hashtags; educational downloads that include visual aids and training guides; media interview tips; and more.

The Financial Stability Oversight Council has a mandate to designate nonbank financial companies as systemically important based on criteria established by Congress. Its designation decisions should not be predetermined by the actions of global regulators.

A look at how Dodd-Frank has affected the banking industry, and what other forces are at play.

The growing adoption of Apple Pay will help Apple's smartwatch capture up to 68 percent of the smartwatch market by the end of the year.

New Supplemental Performance Metric should encourage lenders serve lower credit scores borrowers.

Fannie Mae and Freddie Mac have a regulatory mandate to shrink. But that's easier said than done, given the GSEs' outsized presence in the mortgage industry, as their latest quarterly results show.

WASHINGTON — Four more Federal Home Loan Banks have won regulatory approval to participate in a program that allows member institutions to sell jumbo mortgage loans through a conduit to Redwood Trust.

Banks that sold faulty mortgage-backed securities right before the crisis have suffered a string of legal defeats over the timing of government lawsuits, but some experts believe the industry may still have a shot in the Supreme Court.

The mobile wallet market is constantly changing, often in unexpected ways. Products have evolved dramatically in a very short amount of time, and companies that seemed committed to one strategy a year ago now find themselves on a completely different path.

In 1979, mortgage bankers worried that they could be undercut by "sleeping giants" like Merrill Lynch, Sears Roebuck and what was then called Master Charge.

As the Small Business Administration's flagship 7(a) loan program breaks records, its other loan program stagnates. Advocates for so-called 504 loans hope a drive to permit CRE refinancing will inject new life.

Just 8% of U.S. mortgage origination volume in the second quarter went to borrowers with subprime credit scores, according to new research by the New York Fed. The findings suggest that mortgage standards have loosened only slightly, if at all.

The Federal Housing Finance Agency is expected to issue a proposal soon that would require Fannie Mae and Freddie Mac to purchase manufactured housing loans from lenders.

The timing brings Samsung's mobile wallet to market just a few weeks shy of Apple Pay's one-year anniversary — and in line with the expected annual refresh of Apple's iPhone line.

Homeownership is out of reach for too many Americans. The next president could change that with a few simple policies aimed at encouraging private capital to invest in residential mortgages.

Visa's newly established Bangalore-based technology development center is rebuilding Visa's presence in India, bringing fresh ideas to some older projects.

C2FO, the operator of an online marketplace for small-business financing, announced a $40 million equity funding round led by a Singapore investment firm.

Consumers' growing confidence about their ability to qualify for a mortgage is generating more foot traffic, sales orders and loan volume for some of the nation's largest homebuilders.