Ken McCarthy

On a week when the Securities and Exchange Commission was expected to announce whether it would approve bitcoin ETFs, a hacker got access to the

Carter Pape covers cybersecurity for American Banker from Corvallis, Oregon. He was previously a reporter for The Times-Independent in Moab, Utah and holds a degree in mathematics from North Carolina State University. He is also an avid programmer and has worked in several software development…

The agency plans to restrict access to a system that provides borrower tax returns to mortgage lenders beginning June 30. Left out of the loop, small-business lenders say getting credit to borrowers will become more difficult as a result.

Republican lawmakers spelled out concerns that the Financial Stability Oversight Council's ability to designate nonbank financial companies as systemically important could circumvent the lawmaking process when it comes to cryptocurrency.

John Williams, who also serves as vice chair of the Federal Open Market Committee, does not expect the Federal Reserve to slow its balance sheet runoff anytime soon.

The deal by the $11.8 billion-asset Global (formerly AlaskaUSA) to acquire First Financial Northwest Bank is one of the largest bank deals ever struck by a credit union.

January is Human Trafficking Awareness Month, and the financial services industry should take the opportunity to step up for survivors.

The bank, between 2017 and 2021, failed to provide mortgage services to predominantly Black and Hispanic neighborhoods in Charlotte and Winston-Salem, North Carolina, the agency said.

The U.K. bank launched a long-awaited three-year plan Tuesday to split itself into five divisions and cut £2 billion in costs.

WASHINGTON — Credit unions are bracing for expanded rulemaking on compliance — and perhaps examinations — as the National Credit Union Administration board now has a Democratic majority.