Government investigations of auto lending are beginning to pile up, and they are weighing on investors' perceptions of the fast-growing industry.

An unrelenting barrage of new credit union rules and regulations have jacked up the cost of doing business, forced hundreds of small CUs to merge or close and compelled many others to devote precious time and money to dealing with the seemingly endless blitz of overwhelming bureaucratic paperwork from Washington.

American Banker readers share their views on the most pressing banking topics of the week. Comments are excerpted from reader response sections of AmericanBanker.com articles except when otherwise noted.

The European Commission last month drafted another version of its proposed revision of the Payment Services Directive, known as PSD2 in Europe, with a goal of enacting a wider regulation of payments and interchange fees that reflects modern technology, security threats and stakeholders in payments.

The Senate approved legislation Thursday to reauthorize the Terrorism Risk Insurance Act, sending it to President Obama's desk after a months-long battle.

Nike Inc. was accused by a MasterCard Inc. unit of conspiring to steal scarce technology talent by encouraging two top cyber-security managers to break their contracts with the credit card company as worries of hacking and breaches of customer privacy deepen.

Sen. Richard Shelby, R-Ala., was formally named Banking Committee chairman Thursday, returning to the post he held in the last GOP-controlled Senate.

After National Credit Union Administration Chairman Debbie Matz revealed the agency is mulling new encryption standards, a trade association says the regulator should focus on its own steps to "better protect" member "data in its care."

House lawmakers defeated a package of financial services bills on Wednesday, including a measure to again push back part of the Volcker Rule, but approved a bill to reauthorize the Terrorism Risk Insurance Act.

WASHINGTON — Two officials at the Consumer Financial Protection Bureau have been named into key roles, the agency confirmed Tuesday.

Google fired the latest salvo in the interchange wars in late December by filing an antitrust suit against MasterCard and Visa in Texas federal court.

WASHINGTON — Two officials at the Consumer Financial Protection Bureau have been named into key roles, the agency confirmed Tuesday.

Investors' demands that the country's biggest bank produce better earnings amid costlier regulations are prompting fresh cries to break up JPMorgan Chase.

This year is a rare chance for lawmakers to actually get something done due to the fact that it isn't an election year. But will anything happen? Bankers are hoping for changes to Dodd-Frank, while regulators are moving forward with other big changes. Following are the policymakers to keep an eye on in 2015.

Mortgage lenders are hoping the new Republican-controlled Congress will be more receptive to making changes to the "qualified mortgage" rule.

With Republicans now controlling both chambers of Congress and signals from Democrats that they are open to alterations, revisions to Dodd-Frank are at the top of the agenda in addition to other subjects, like terrorism insurance and housing finance reform.

The CFPB's rapid pace is likely to continue this year as it tackles some of its trickiest areas yet, including payday loans, debt collection and overdraft protection, which are likely to have a significant impact on the financial services arena.

Brazil's central bank has approved a joint venture between Banco do Brasil SA, the nation's largest bank by assets, and card payment processor Cielo SA, but the bank cannot claim accounting gains in its projected profits.

The payments industry is quickly adapting to new technology, new regulations and new consumer demands. Here are 15 of the industry's major transformations already in progress.

The coming year presents a golden opportunity for the payments industry to push for a repeal of the Durbin Amendment.