Consumer banking
Consumer banking
-
Evidence that regulators consider institution size when evaluating accounting compliance should encourage banks worried about the new loan-loss reserving standard.
June 22 -
Kabbage is licensing its digital lending technology to one of Canada's largest banks, which plans to offer an online application process to small businesses.
June 22 -
Prosper Marketplace is rolling out a revamped website that is designed to make loans it sells more attractive to individual investors.
June 22 -
A small Boston bank is betting it can attract tens of thousands of millennials by giving them a chance to pay off their student loans a few months early, rather than offering more common incentives such as interest on their deposits or airline miles for their purchases.
June 21 -
U.S. Bank in Minneapolis has hired retail veteran Beau Gray to head its omnichannel experience team.
June 21 -
Mascoma Savings Bank in New Hampshire spent six months searching for a new president and chief executive before selecting one of its directors for the job.
June 21 -
More institutions are willing to pursue small acquisitions, or rely on organic growth, to cross over a regulatory threshold that includes interchange fee caps and stress testing. A big reason is that bankers are becoming more comfortable with the financial toll of such regulation.
June 21 -
Bank of America is betting on consumers future intentions over their current actions when it comes to building its digital wallet strategy.
June 21 -
FVCBankcorp in Fairfax, Va., and Independent Bank Group in McKinney, Texas, are raising capital through private and public offerings of subordinated notes.
June 21 -
Consumers deserve disclosure and the protections enjoyed by payroll card users, but it is critical that regulations do not put providers out of business.
June 21 -
Steps to improve credit access, evangelize for down payment programs and offer borrower counseling can stop and even reverse the decline in homeownership.
June 21 -
The ultimate approval of the CIT-OneWest merger by regulators represents a giant step backwards for the Community Reinvestment Act.
June 21 -
The British giant is making fintech startups its allies as it builds a virtual bank tailored to the needs "of the people at the bottom of the pyramid."
June 20 -
The U.S. Department of Education has proposed regulations to strengthen a rule against predatory practices by post-secondary institutions.
June 20 -
Union Bankshares in Virginia is among the ranks of banks nearing $10 billion in assets. Unlike many banks of its size, Union feels no pressure to pursue a transformational deal to offset increased regulatory costs.
June 20 -
Changing the rules in the middle of the game. Rescuing the investors who took big risks at the expense of those who behaved prudently. Undermining the credibility of the system.
June 20 -
Pacific Continental in Eugene, Ore., is planning to issue $35 million in subordinated debt that could help it fund future acquisitions.
June 20 -
Real regulatory relief for community banks and stricter oversight of the biggest financial firms are steps that can increase investor interest in new banks.
June 20 -
The bank is rolling out a new digital advice offering that pairs robo technology with financial advisers, most of whom have the CFP designation.
June 17 -
Citizens Community Bancorp in Eau Claire, Wis., has hired an investment bank to help it explore strategic options.
June 17




