The Justice Department's announcement that it would target individual executives at banks and other companies that are being investigated for wrongdoing has sparked a debate about whether the move is actually substantive or instead just designed to boost the agency's public image.

Zions Bancorp. in Salt Lake City has named Karin Lockovitch director of compliance.

NCUA has launched an improved online Consumer Assistance Center (CAC) technology designed to make it easier and more efficient for consumers to make requests or file complaints.

The Consumer Financial Protection Bureau has a busy agenda for the fall that includes possible action on debt collection and prepaid cards, though the agency's overall workload may cause delays.

Nearly 20 trade groups representing lenders, banks, credit unions, title companies and others are urging federal regulators to provide guidance on how they plan to enforce a new mortgage disclosure regime that goes into effect Oct. 3.

Nearly 20 trade groups representing lenders, banks, credit unions, title companies and others are urging federal regulators to provide guidance on how they plan to enforce a new mortgage disclosure regime that goes into effect Oct. 3.

With summer recess ending, banking agencies are about to embark on a busy policymaking schedule leading up to the end of the year.

Congress will kick off a busy session on Tuesday when lawmakers return from summer break, with a number of key financial services priorities up for consideration.

Trunomi, a startup that aims to simplify account sign-ups and know-your-customer compliance for banks, has raised $3 million.

Regulators are insisting that bank boards take responsibility for corporate culture. That's no cause for alarm, so long as directors are prepared to take ownership of the issue.

The Financial Crimes Enforcement Network's enforcement action against Ripple Labs sent a clear message to the cryptocurrency industry about regulators' high expectations for compliance. Such actions will help clear the way for banks to partner with blockchain technology firms down the line.

The credit union regulator received nearly 3,100 comment letters tied to plans to loosen restrictions on business lending, with a vast majority opposing any changes.

The credit union's regulator received nearly 3,100 comment letters tied to plans to loosen restrictions on business lending, and despite the proposal's popularity among credit unions, the majority of letters opposed the changes.

Congress will kick off a busy session on Tuesday when lawmakers return from summer break, with a number of key banking priorities up for consideration.

Some suggest CUs should be concerned about NCUA Chairman Matz' proposal because it lacks formal, annual accountability that would come with being a rulemaking under the Administrative Procedures Act.

Two top Justice Department and CFPB officials said this week that they are seeing more instances of redlining and lenders steering minority borrowers into higher-cost loans.

The New York licensing process for virtual currency companies is stoking fears that firms which do apply could inadvertently open themselves up to prosecution.

The Financial Crimes Enforcement Network's enforcement action against Ripple Labs sent a clear message to the cryptocurrency industry about regulators' high expectations for compliance. Such actions will help clear the way for banks to partner with blockchain technology firms down the line.

Ebrahim Shabudin, former chief operating officer and chief credit officer at United Commercial Bank in San Francisco, has been sentenced to 97 months in prison for securities fraud related to the bank's failure.

Minorities receive surprisingly few small-business loans, high-level employment promotions and business contract opportunities. The federal government can help remedy the situation by collected detailed data on these matters from financial institutions.