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.

Dev Nag is the founder and CEO of QueryPal. He was previously on the founding team at GLMX, one of the largest electronic securities trading platforms in the money markets. He was also CTO and founder ...

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.

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 ...

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' ...

In a settlement with bank trade groups that sued the Consumer Financial Protection Bureau, the Trump administration has ...

A three-judge panel of the U.S. Court of Appeals for the District of Columbia Circuit narrowed a lower court's injunction ...

Federal Reserve Board member Christopher Waller said he would not be deterred from classifying inflation as "transitory" ...

Just three months after hailing a positive "sentiment shift" following last November's election, Goldman Sachs CEO David ...

The Buffalo, New York bank's loans edged higher in the first quarter while deposits fell 1.7% from a year ago. The bank also ...