Synchrony Financial said Tuesday that it is expecting loan losses to rise over the next year as more consumers struggle to pay off their credit card balances.

The FCC's Consumer Advisory Committee recently reviewed its proposed rule on government debt collection calls and offered ideas about how to inform current rulemaking to implement TCPA amendments.

Fears about repurchase requests made by Fannie Mae and Freddie Mac persisted beyond the crisis, but those fears don't match actual repurchase numbers.

JPMorgan Chase announced it is closing its Houston auto loan collections unit and laying off 90 workers.

Never mind gender parity – just having executive committees consisting 30% of women is still a long way off for the financial services industry, according to a new study.

Ontario Systems announced Monday it has acquired Columbia Ultimate Business Systems in a deal joining two of the largest ARM industry vendors, with each holding distinct market-leading positions in adjacent verticals.

Byline Bancorp in Chicago is expanding into Wisconsin with a deal to buy Ridgestone Financial Services in Brookfield, Wis., for $105 million in cash and stock.

Small-business lenders are scrambling for financing to accommodate a possible real-estate-related borrowing surge once a key federal rule change takes effect next week.

First NBC Bank Holding in New Orleans, which delayed the release of its 2015 annual report earlier this year, said it has submitted a plan to Nasdaq to get back on schedule with its filing of financial statements.

Visa's Digital Commerce App is allowing banks to develop their own mobile wallets. Many of its clients are larger community banks that may not otherwise have the resources to develop such a product internally.

Nonbanks now set the digital banking experience bar, but in less than a decade large banks will have swallowed them up and will have become digital financial superstores.

The Federal Trade Commission claims two Southern California law firms bilked people for $15 million in a single year in a mortgage scam.

State student loan authorities sense a business opportunity helping graduates who are gainfully employed lower their payments. Their low-cost funding could put them in competition with banks and marketplace lenders.

According to a study released this week by the marketing analytics firm Bug Insights, the annual fee is by far the No. 1 reason why card users would change providers.

The latest shot was fired this week in the ongoing feud between an investor group and Seacoast Banking Corp. of Florida in Stuart.

TransUnion has been awarded the 2016 Javelin Identity Protection Leader in Resolution, the company announced.

A vendor-created messaging network has attracted hundreds of community banks, many of which have decided it is easier to stop financial crime as a group.

Fintech companies are asking a federal regulator to create a specialized charter that would allow them to comply with federal rules instead of facing a state-by-state licensing framework.

Umpqua Holdings in Portland, Ore., has found a bank partner to join in its bid to bring new banking technologies to market.

Competitive pressure and revenue challenges are creating a need for executives to focus more on strategic planning, and CFOs want a piece of the action. Unfortunately, many CFOs are bogged down with checklists and mundane tasks.