Technology

Mr. Cooper's PII leak late last year had a significant impact on its customers. Money has been stolen, unauthorized attempts to open credit cards occurred and extensive spam campaigns have followed, a filing claims.

The lender says it's reached an "agreement in principle" to end a consumer class action complaint over its wide-ranging January hack.

United Wholesale Mortgage, Celink, Cenlar and others are utilizing artificial intelligence to streamline call center operations.

The Consumer Financial Protection Bureau has received more than 11,000 comment letters on its proposal on personal financial data rights, but banks say the agency should ensure that more fintech partners take on their fair share of the rule's compliance burden.

Industry participants say more direct communication between fintechs and federal regulators could help avoid bad outcomes. Some underused legal tools could help bridge the gap.

The federal Project Fortress initiative provides defensive tools for banks. Community banking groups and regulators' associations say small banks in particular need the free and accessible help.

The cybersecurity company promised more rigorous tests for software updates after a widespread IT outage last month.

But the business unit of Intercontinental Exchange lost money on an operating basis for the eighth time in the last nine quarters.

A fintech leader says his blockchain tech could help stakeholders buying and selling loans gain trust in one another.

The lender denied its software uses artificial intelligence in fighting a 'digital redlining' case.