A federal banking regulator is developing a policy to clearly lay out what would be required for nonfinancial companies such as automakers and retailers to establish their own banks. The Federal Deposit Insurance Corp. on Tuesday voted unanimously to release ...

(WKBN) – Following a federal judge’s ruling Tuesday that the Consumer Financial Protection Bureau (CFPB) does not have the authority to enact a Biden-era rule on medical bill reporting on credit reports, it could force individual states to take up ...

FILE - A customer makes a transaction at an automatic teller machine in Los Angeles on March 27, 2023. (AP Photo/Richard Vogel, File) NEW YORK (AP) — In the nearly six months since the Trump administration has had control of ...

Generation Z is rewriting the rules of engagement for the financial services sector. Full stop. As the first true digital natives, their expectations, spending patterns and banking preferences are shaping the future of payments, credit and commerce. Drawing on PYMNTS ...

FILE - The Supreme Court is seen on Capitol Hill in Washington, Dec. 17, 2024. (AP Photo/J. Scott Applewhite, File) WASHINGTON (AP) — The Supreme Court is allowing President Donald Trump to put his plan to dismantle the Education Department ...

This season Mountain America Credit Union partnered with Scripps Sports and KUPX Channel 16. For every Utah Hockey Club, and then Utah Mammoth goal scored, $50 was donated to Huntsman Cancer Foundation. Tuesday on The PLACE, a check was presented ...

Exactly 30 years ago, Fannie Mae and Freddie Mac adopted credit reports and their scores from FICO as a basis for mortgage credit decisions (approval or denial) and risk-based loan pricing. That FICO credit scoring monopoly is about to end ...

Experian logo is seen on a smartphone in front of displayed same logo in this illustration taken, December 1, 2021. REUTERS/Dado Ruvic/Illustration/File Photo Purchase Licensing Rights, opens new tab July 15 (Reuters) - Credit data company Experian (EXPN.L), opens new ...

Executive Summary In the last five years banks and credit unions have watched over $3 trillion in deposits leave for fintechs offering savings and investment services, according to research by Cornerstone Advisors. To slow or reverse that trend, traditional banks ...