News

Bunq Tuesday announced it applied for a broker-dealer license with FINRA and the SEC and had a 65% increase in year-over-year ...
Companies are reporting first-quarter earnings now, but the next round of results are expected to reveal the effects of tariff-driven volatility that began in March. Investors will be looking for ...
The Seattle-based company, which had made home loans for more than a century, announced it was quitting the mortgage business in January. It booked nearly 400 small business loans in the first quarter ...
In a settlement with bank trade groups that sued the Consumer Financial Protection Bureau, the Trump administration has ...
Federal Reserve Board member Christopher Waller said he would not be deterred from classifying inflation as "transitory" ...
A three-judge panel of the U.S. Court of Appeals for the District of Columbia Circuit narrowed a lower court's injunction ...
The agency is seeking input on how to better open up industries up to new entrants. Some see this opening the door to more competition for banks.
The Pittsburgh-based bank cited "changes in macroeconomic factors and portfolio activity" for the 41% increase in provisions for credit losses.
The financial services industry is uniquely positioned to advocate for collaborative AI leadership. As a sector that depends on trust, transparency and global cooperation, financial institutions have ...
Generative artificial intelligence has usurped its traditional counterpart as the next growing technology taking the payments industry by storm.
Affirm is reporting consumers' buy now/pay later loans to Experian, following a February study with FICO. It's one of the first steps in credit reporting for BNPL, potentially complicating banks' ...
Acting Consumer Financial Protection Bureau Director Russell Vought ordered the review and of past guidance and directed all ...