Consumer banking
Consumer banking
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The startup firm Paymency is seeking to offer an API-driven "banking-as-a-platform" service to the U.S. financial services industry.
August 3 -
Unity Bancorp is raking in money from holding and selling 7(a) loans, but don't expect the bank to extend its operations beyond New Jersey and New York. Management learned that lesson the hard way during the financial crisis.
August 3 -
A proposed 50% expansion to the Low Income Housing Tax Credit program would yield new opportunities for banks to finance development projects and meet their Community Reinvestment Act obligations.
August 3 -
Community Bank of the Chesapeake in Waldorf, Md., has handed its chief risk officer some serious additional duties. James Burke became president of the $1.2 billion-asset bank on July 28; he will remain risk chief and an executive vice president, also.
August 3 -
Bots have slowly begun to creep onto the online payments scene, and they could offer a whole new, simpler way to part with our cash.
August 3 -
Consistent marketing doesn't mean your offer gets better with each try, but it increases the odds of making a pitch when your customers are actually listening.
August 3 -
First Hawaiian Bank in Honolulu expects to raise up to $558 million in an initial public offering after its parent BNP Paribas Group decided to spin off the unit rather than sell it.
August 2 -
WASHINGTON State bank associations threw their support behind a regulatory relief bill on Tuesday in hopes the legislation can gain traction in the Senate.
August 2 -
The Federal Deposit Insurance Corp. is raising concerns about potential spillover effects from depressed oil prices even as banks had sounded more optimistic. Tougher capital requirements for energy lenders could be on the horizon.
August 2 -
The Consumer Financial Protection Bureau added its voice Tuesday to a chorus of other regulators in calling for sustainable foreclosure relief when the Home Affordable Modification Program expires at yearend.
August 2 -
In a political season teeming with tension around income inequality, racial economic disparities and animus toward the banking industry, reforming the Community Reinvestment Act seems like it should be a cornerstone of the debate. Yet the law has been almost entirely absent from the discussion. Here's why.
August 2 -
Some branch deals come with added value. A case in point is the $2 billion-asset Old Second Bancorp's agreement to buy a branch in Chicago from Talmer Bancorp in Troy, Mich. in a deal that includes deposits, assets and a vice chairman.
August 2 -
What was true in the late 1700s, the 1970s and the 1980s is still true today: bank customers want to interact with real-life people when managing finances.
August 2 -
In a perfect world, better financial literacy along with equipping bankers with ethical standards would make the Consumer Financial Protection Bureau obsolete.
August 2 -
Wells Fargo's embrace of Near Field Communication technology is rapidly approaching at least one milestone a customer experience that does not require a card to use an ATM or pay in a store.
August 2 -
Chemung Financial in Elmira, N.Y., is calling for a do-over less than two weeks after releasing its second-quarter results.
August 1 -
Quaint Oak Bancorp in Southampton, Pa., has bought the rights to a portfolio of personal and commercial insurance policies.
August 1 -
A handful of banks and fintech companies are letting bank customers connect via chat bots on platforms like Slack of Facebook messenger. Some say this is the next big thing, while others say the technology still has a ways to go.
August 1 - North Carolina
A BB&T unit that finances power equipment has a new president.
August 1 -
The linchpin of the federal government's payday lending proposal is a credit-reporting system for small-dollar loans created by the private sector, but the kinds of companies that could create it haven't stepped forward.
August 1






