New York Attorney General Letitia James announced a lawsuit against Zelle after the Consumer Financial Protection Bureau dropped its own suit against the bank-owned money transfer app. Our patchwork ...

Federal regulators issued new guidance reminding banks to account for credit risks when lending to borrowers without U.S. work authorization. FOX Business correspondent Darren Botelho reports on the ...

The Federal Reserve Board on Friday joined eight other agencies in asking for public comment on a rule that would create data standards for information collected and submitted to financial regulators.

Key insight: Recent news reports about the struggles of Blue Owl Capital raise real concerns about opaque private credit firms and the risks they may pose to the broader financial markets. The ...

(Bloomberg) -- The White House is stepping up its efforts to bring independent agencies — including the Securities and Exchange Commission and the Commodity Futures Trading Commission — under its ...

Recent periods of financial stress and the proliferation of risks across the financial system are fueling the development of ...

The Securities and Exchange Commission and the Commodity Futures Trading Commission have jointly proposed amendments to reduce private fund reporting burdens, including changes to Form PF. Form PF ...

For most of the past decade, the payments industry ran on a single governing idea: move money faster. Speed was the product, frictionlessness was the brand, and whoever built the fastest rails won.

Regulators are calling for sound practices for the responsible adoption of artificial intelligence by financial institutions. Recently, Congresswoman Maxine Waters asked CEOs of leading financial ...