Visa Inc., the world’s biggest payments network, named Vasant M. Prabhu to succeed Byron Pollitt as chief financial officer.

The Federal Deposit Insurance Corp. issued five consent orders in December, according to the agency's most recent summary of enforcement actions.

President Obama's 2016 budget plan tackled a host of big picture items for banking, including Dodd-Frank reform, CFPB funding, cybersecurity, as well as FHA and SBA lending. Here's what banks need to know.

President Obama is making a renewed push to boost funding for Wall Street's top cops after regulators said budget constraints were keeping them from enforcing rules put in place after the financial crisis.

Banks victimized by loan fraud, identity theft, embezzlement and other crimes may be reluctant to cooperate with federal authorities. But it's often worth their while.

MasterCard Inc. will cut more than 500 jobs companywide as the payment network combines some businesses and focuses on increasing digital transactions.

The Senate Banking Committee is already out of the gate with legislation on Iranian sanctions this week, but the fast movement has shed light on early friction between the panel's chairman and ranking member.

Federal Reserve Gov. Daniel Tarullo says "shadow banking" is another source of systemic concern for bank regulators

Green Dot Corp. plans to start offering credit lines to its customers, a move that likely foreshadows how new regulations will reshape the prepaid card industry.

MasterCard Inc., the second-largest U.S. payments network, posted fourth-quarter profit that beat analysts' estimates as customer spending climbed.

In yet another revision of its mortgage rules, the Consumer Financial Protection Bureau proposed making it easier for small and rural lenders to make "qualified mortgages." Industry representatives said the changes are poised to make a big difference.

No matter how the European payments landscape looks after the European Commission's new version of the Payment Services Directive takes effect, merchants can almost certainly expect lower rates for accepting card transactions.

Visa Inc., the world's largest payments network, posted fiscal first-quarter profit that beat analysts' estimates as card spending increased.

NCUA, in partnership with the State Liaison Committee (SLC) of the Federal Financial Institutions Examination Council (FFIEC), announced new guidance for credit unions and banks on private student loans with graduated repayment terms at origination.

Banks have made progress cutting their exposure to risky home equity lines of credit, ahead of a key 10-year threshold when billions of dollars of them will reset to higher monthly payments. But there are some prominent exceptions, especially among regional banks.

New York Community Bancorp wants Washington to raise the asset size for systemically important financial institutions, but in the meanwhile its asset sales to stay under the threshold helped to boost profits and its CEO is pursuing possible M&A deals.

The Consumer Financial Protection Bureau on Thursday proposed a series of regulatory relief measures for small institutions, especially those in rural areas, to help them provide credit while they try to follow the agency's tough mortgage rules.

WASHINGTON — Sen. Elizabeth Warren, D-Mass., and Rep. Elijah Cummings, D-Md., are prodding the biggest banks for information about how they will respond to changes to a controversial Dodd-Frank Act swaps provision signed into law last month.

Banks partnering with prepaid card providers face the potential of higher deposit insurance fees and other ramifications from the Federal Deposit Insurance Corp. classifying accounts as "brokered."

President Obama is urging Congress to pass “The Personal Data Notification & Protection Act” as one of a handful of new initiatives to better secure personal information from cybercriminals.