Visa Inc. has announced a new specification for reloadable prepaid providers focused on simplifying fees and disclosures.

Merchants seeking a court ruling that would cause the Federal Reserve Board to re-establish debit cap fees at a lower rate want more time to consider bringing the case to the Supreme Court.

Lawmakers are working behind the scenes to spur a potential vote on legislation that would ease capital standards for insurance companies as soon as next week.

The Securities and Exchange Commission appears poised to soon finalize a plan to reform the $2.6 trillion money market mutual fund industry.

Fifth Third Bancorp of Cincinnati expects to report an $81 million gain in the second quarter after selling shares of payment processing firm Vantiv.

Now that the risk-based capital rule comment period is over, and a record number of letters reached NCUA, the credit union community's two main trade groups say the agency faces the tough task of reviewing and responding to the collective points.

The Arkansas company has been aggressive this year, agreeing to buy banks with a total of $3.4 billion in assets. The buying spree is partially driven by a currency lifted by a bankruptcy deal Simmons First completed last year.

At least three credit unions on NCUA's first-quarter call report late-filer list believe they are off the hook and won't face civil money penalties.

A consolidated exam force could give state regulators access to federal resources without undermining the dual banking system.

The agency proposes its first fee increase in 20 years.

Of the 104 federally insured CUs that missed the April 25 call report filing deadline the $120 million Animas CU in Farmington, N.M., was the tardiest, submitting its report 22 days late.

The congressional stalemate over how to restructure the housing finance system leaves several questions unanswered about other bank regulations currently in the pipeline.

ROYAL OAK, Mich. — Is NCUA's proposed rule regarding associational common bonds a reaction to banker arguments that some CUs make it too easy for consumers to join?

Visa Inc. and MasterCard Inc. said they'll keep working in Russia after President Vladimir Putin’s government agreed to consider easing demands that were made on the payment systems after the U.S. imposed sanctions.

Five years after the enactment of major reforms to the U.S. credit-card market, industry opposition has quietly faded into acceptance. Bankers certainly aren't celebrating the 2009 legislation, but they're not condemning it, either.

ALEXANDRIA, Va. — Despite the threat of civil money penalties for submitting late call reports, and NCUA issuing warning letters after the January deadline, more than 100 CUs still filed late as of the April 25 filing date.

The 2009 law that restricts a range of fees and practices has become the devil you know for the credit card industry.

WASHINGTON — Despite over 1,000 letters reaching NCUA Wednesday morning, CUNA and NAFCU contend the risk-based capital rule comment period has been too short and may lead to a final rule that would negatively impact credit unions.

Esther George, the president of the Federal Reserve Bank of Kansas City, said Wednesday that community banks are facing headwinds from low interest rates and the cost of complying with the Dodd-Frank Act.

Bank buyers and sellers should pay attention to the Fed's recent approval of Cullen/Frost's acquisition of WNB Bancshares. Cullen/Frost had to agree to improve its fair-lending and other functions, underscoring the importance of buyers who work well in resolving compliance and other problems with regulators.