The Consumer Financial Protection Bureau sued Walmart and payment app Branch Messenger, accusing them of illegally opening 1 million deposit accounts and charging $10 million in fees.

The U.S. is risking the status of the dollar as the world's reserve currency by delaying the launch of a central bank digital ...

Economists say the U.S. economy is leaving 2024 healthy, with unemployment low, inflation manageable and growth robust. Unknown variables — including the depth and scope of President-elect Donald ...

Hanscom Federal Credit Union in Massachusetts said it would acquire Peoples Bancorp and its insurance agency. It marked the 21st deal of the year involving a credit union buying a bank.

Discover merger, the war against Visa and Mastercards' swipe fees and budding payment technologies were most popular with ...

WASHINGTON — The Office of the Comptroller of the Currency said the banking system remains stable, but faces growing pressures in profitability and credit quality as the economic landscape evolves, ...

BNY announced expanded employee benefits and a boost in its minimum wage for all U.S.-based employees; Synovus has added ...

Bluesky hasn't gained enough users yet for banks to engage on the Twitter-like social media startup, but as its traffic picks up it may hold some appeal for banks yearning for the initial days of ...

The Consumer Financial Protection Bureau sued three of the largest U.S. banks for fraud perpetrated on the bank-owned payment ...