Department of Defense urged to exempt credit unions from July 2015 MLA amendments.

Moore said the bill would allow credit unions of all charter types to add underserved areas to their fields of membership.

Few lawmakers have stated positions on fintech applications for industrial loan company charters. It may not stay that way.

The changes are aimed at aligning requirements with a new Consumer Financial Protection Bureau rule under the Home Mortgage Disclosure Act.

Brad Conner, the incoming chairman of the Consumer Bankers Association, says the government's record as a direct student lender leaves much to be desired.

The U.K.’s Payment Systems Regulator and the Bank of England have officially formed the New Payments Systems Operator (NPSO), a regulatory body that will soon replace three existing payment systems.

The recent events of Charlottesville, Va., have exposed the dark underbelly of hate groups and their media channels, and raised fresh questions about how they get funding.

Thirty-six lawmakers signed a bipartisan letter Tuesday calling for an investigation into the sale of stock by Equifax executives between a data breach at the firm and when it was disclosed.

The reintroduction of a bill to "stop and study" NCUA's risk-based capital rule could reopen one of the credit union movement's biggest arguments in decades.

A New Jersey politician has downplayed his Goldman Sachs career. The move shows that bankers have a ways to go rebuilding credibility with voters, though factors such as party affiliation, location and the type of banking career also matter.

A new documentary that aired Tuesday on PBS raises questions about why prosecutors targeted a small bank after the financial crisis and left bigger institutions untouched.

American Banker's newly appointed editor-in-chief, Rob Blackwell, shares his take on the prospects for financial regulation reform this fall.

CU in Vancouver announces distribution via redemption, dividend on shares.

If you thought the process for health care reform was rough, just wait until tax reform gets going, said NAFCU's Dan Berger.

The Terrorism Risk Insurance Act was created after 9/11 to serve as a crucial federal backstop for commercial real estate insurers, but an analysis of alternatives to fund the program reveals the continued challenges of measuring and predicting terror risk.

Square became the third fintech firm in recent months to seek out a bank charter. Others are likely to follow.

But the Wayzata, Minn., company is not out of legal hot water, as a judge let stand some charges that it violated a provision in the Dodd-Frank Act that prohibits using deceptive practices to sell consumer products.

By design, any practice that requires a customer to simply hand over online bank credentials to a third party is a terrible idea.

Many of the arguments in this debate have less to do with the applicants’ qualifications than with traditional banks’ fear of new, innovative competitors.

Revenue from overdrafts keeps rising, according to new FDIC data, even though the controversial product still has a bull’s-eye on its back. Clearer disclosures and higher consumer confidence are the big reasons.