The Coalition for Safe Loan Alternatives intends to become a peer-to-peer forum for best practices among the alternatives to payday loans. The group will not advocate for policy changes. Rather, it aims to offer a platform for local organizations to share information and compare ways to offer low-cost access to credit.

The Coalition for Safe Loan Alternatives intends to become a peer-to-peer forum for best practices among the alternatives to payday loans. The group will not advocate for policy changes. Rather it aims to offer a platform for local organizations to share information and compare ways to offer low-cost access to credit.

WASHINGTON — After being forced by a court to withdraw its enforcement action against Tanzanian bank FBME, the Treasury Department's Financial Crimes Enforcement Network has once again finalized a rule requiring U.S. institutions to cut off ties with the bank.

The attention around tokenization — replacing static account numbers with a one-time-use token — has been good for security but worrying for businesses that rely on a static identifier for future reference.

Those criticizing the Consumer Financial Protection Bureau's governing structure object to the idea of a regulatory agency successfully protecting consumers and the public interest.

Freedom Bank in Columbia Falls, Mont., has been released from a consent order that the FDIC and the Montana Division of Banking and Financial Institutions had implemented in December 2009.

Bank of America, Barclays and a dozen more banks must face investor claims that they rigged a benchmark used in the sales of interest-rate derivatives and other financial instruments.

Troubled Clarkston Brandon Community CU, Clarkston, Mich., has been merged with Michigan State University Federal Credit Union, East Lansing, Mich.

The National Credit Union Administration offered signs for tempered optimism in the latest video in the agency’s economic update series, posted on YouTube.

The National Credit Union Administration on Thursday said it has accepted a $29 million offer of judgment from Credit Suisse to resolve claims arising from losses related to purchases of residential mortgage-backed securities by Members United and Southwest Corporate Credit Unions.

Banks have to know a lot about their customers, who generally trust them to keep personal information secure. Who better to serve as digital identity providers in a post-password world?

The way we verify people are who they say they are must evolve to reflect new technologies like peer-to-peer platforms and the Internet of Things and the ways millennials live and work.

A tip from the public gave the National Credit Union Administration the idea to make a simple, yet meaningful, change Thursday to investment restrictions on federal credit unions.

WASHINGTON – Four Democratic senators sent a letter on Thursday to federal financial regulators asking for clear guidance on how banks can serve the marijuana industry.

Experts see the British bank's decision to downsize its African stake as another example of money-laundering concerns and other risks prompting institutions to get out of emerging markets.

Hackers linked to the Iranian government launched a series of cyber-attacks on U.S. financial institutions including Bank of America Corp. and the New York Stock Exchange, federal prosecutors say.

The former chief executive of a failed bank in Lincoln, Neb., was sentenced to 11 years in prison for forming a scheme to hide more than $100 million in losses from shareholders and regulators.

The Consumer Financial Protection Bureau on Wednesday issued an advisory for banks and credit unions on how to prevent and respond to elder abuse.

The Consumer Financial Protection Bureau on Wednesday issued an advisory for banks and credit unions on how to prevent and respond to elder abuse.

The first protection a consumer needs is the assurance that any new reforms will not inadvertently drive all regulated credit from the market.