Banking on Millennials? A Special Report

These entities play a central role in credit intermediation outside the traditional banking system.

Federal Reserve Governor Christopher Waller provided an update on the feedback the Fed received about a proposal to create “skinny” accounts for payment services, acknowledging that banks and financial technology firms want conflicting things from the proposed service.

ABA voiced support for several provisions in a legislative package intended to boost housing availability in the U.S., including language to raise supervisory thresholds for community banks and to encourage new bank formation. The House later passed the...

Consumer inflation expectations in January remained unchanged at the medium- and longer-term horizons, and declined at the short-term horizon, according to the Federal Reserve Bank of New York’s most recent Survey of Consumer Expectations.

The essential ingredients are organized customer data and harnessing that data to produce smarter marketing programs.

Tacking affordability starts with the cost of credit — and future capital rules can help.