Disclosure's great, but what consumers really need is protection


In "Democracy Declined," Duke public policy professor Mallory SoRelle argues that policymakers should be more aggressive in combating unfair lending practices.


A world of regulatory pressure on installment lenders


The fast-growing buy now/pay later industry is drawing scrutiny from legislators and regulators who fear it could become predatory.


Loss provisions, low interest rates could threaten profits, OCC says


While national banks have remained strong during the pandemic, they are still navigating risks from a murky credit environment and other potential warnings signs, according to a report by the Office of the Comptroller of the Currency.


Now is not the time to freeze small-business lending


Credit is tightening to 2008 levels at a time when small businesses need help the most, former SBA chief Karen Gordon Mills says.


OCC announces initiative to expand credit access in Los Angeles


The effort is the first offshoot of Project REACh, which is designed to bring together business leaders, government officials and advocates to help improve financial services options for disadvantaged communities.


States entice fintechs by giving them freedom to experiment


Florida and West Virginia recently joined four other states in setting up regulatory sandboxes that allow startups to test products with consumers without obtaining a license.


Does Fed already have the power to tackle racial inequality?


The Federal Reserve could ease capital rules, foster the creation of special-purppose banks and take other steps to strengthen minority communities and businesses without legislation being sought in Congress — if it has the will to do so, experts say.


Fiserv sees existing credit lines as cure for PPP limitations


The race to provide coronavirus relief for small businesses is opening new routes to fund payments, including underused credit lines.


The final CRA rule is in. Here’s why it’s better.


Comptroller of the Currency Joseph Otting says the revised Community Reinvestment Act will provide more credit access to communities in need and won't, as some had feared, create new thresholds for grading banks.