A proposed legal settlement between Visa, Mastercard and U.S. merchants could soon change how some shoppers pay at checkout. The move could potentially lead to declined transactions or extra fees for certain credit cards. The agreement, which is still awaiting ...

Trump is pushing a plan for Fannie Mae and Freddie Mac to buy up to 200 billion dollars in mortgage-backed bonds, aiming to push mortgage rates and monthly payments lower and ease housing costs ahead of the 2026 midterms. The ...

Mountain America Credit Union has rolled out a new cloud-based lending platform for its business lending operations in partnership with fintech provider mysherpas.​ What was deployed Mountain America implemented mysherpas’ secure, cloud-based lending solution to support its commercial, small-business, and ...

A 2023 Texas law, House Bill 4738, has now taken effect and ends the state’s collection of small portions of certain consumer loan fees, without changing what borrowers pay or what lenders can charge.​ What the new law does HB ...

Ensuring Financial System Stability LONDON, Jan 14 (Reuters) - The Bank of England is making progress towards ensuring that the financial system is safe in the event of a collapse of an institution outside the traditional banking sector, Deputy Governor ...

Littleton-based Hanscom Federal Credit Union now has a presence on Chesapeake Bay, as it has completed its purchase of The Peoples Bank, a credit union based in Maryland. The merger, first announced in December 2024, means Hanscom now has approximately ...

Experian has announced that Chair Mike Rogers intends to retire from the company’s board after nine years of service. He will step down as director and chair at the conclusion of Experian’s annual general meeting on 22 July 2026 and ...

The CFPB has raised the HMDA asset-size exemption threshold to $59 million for 2026 HMDA data collection and reporting. Banks, savings associations, and credit unions at or below that level (measured 12/31/2025) will be exempt from 2026 HMDA data collection ...

Baltimore has filed a civil lawsuit against fintech company Dave, Inc. over its “ExtraCash” cash‑advance product, accusing the firm of unfair, deceptive, and usurious lending practices that allegedly trap low‑income residents in cycles of debt. The city brings the case ...