Risk management and technology systems at the Federal Housing Administration lag decades behind Fannie Mae and Freddie Mac and desperately need to be revamped, according to a top official at HUD.

Western companies desperately want a chunk of China's vast domestic consumer payments market, though they may find themselves feeling lucky to be left out.

The Democratic leader in the House raised questions about Kathy Kraninger's "qualifications to lead such an important agency."

Square Inc. shares climbed to their highest price ever after New York granted the company a virtual-currency license, letting customers in the state buy and sell Bitcoin.

The House Financial Services Committee was scheduled to vote on legislation to modernize anti-money-laundering rules, but the latest version of the bill excludes a key provision involving the collection of beneficial ownership information.

A proposal to revise parts of the Dodd-Frank Act ban on proprietary trading would make it easier for banks to conduct risky trades.

As if ADA suits weren't enough, a California-based law firm is using social media advertising to search for credit union members who have been charged overdraft fees, in the hopes of filing a potential class-action suit.

The central bank's rule-writing workload is expected to remain busy for the foreseeable future, thanks in large part to enactment of the recent regulatory relief bill.

As contactless cards continue their momentum in the U.K., new use cases are popping up for the tap-and-go technology.

The new guidelines are a prelude to a much larger effort by regulators to modernize implementation of the Community Reinvestment Act.

From a major CFPB deadline to a long-anticipated fintech report, there's a lot to watch for in the days to come.

No plan will be implemented as long as Fannie Mae and Freddie Mac remain in conservatorship, but a capital framework for the companies could still have a substantive impact.

The National Credit Union Administration's quarterly map of state-level performance data sees a continuation of many long-running trends, but a handful of states can be thankful they're no longer at the bottom of the pack for certain performance metrics.

From a major CFPB deadline to a long-anticipated fintech report, there's a lot to watch for in the days to come.

Visa has moved to cut its debit transaction fees in India by 95%, bringing it more in line with RuPay, India’s state-run domestic debit scheme.

The company, which was flagged for two products, has been working with its regulators to determine the right amount to set aside.

The new chair of the Conference of State Bank Supervisors argues that state regulators will keep protecting consumers if the CFPB curtails oversight.

As the gig economy balloons, a private network is adding partners and geographies to separate itself in a fintech-dominated market.

The conversation about financial policy in Washington has moved past designations of giant firms.

The legislation unveiled this week left out a requirement — included in an earlier version — for new companies to report their true owners.