Novantas has acquired Chicago-based consulting firm Treasury Strategies.

Mackinac Financial in Manistique, Mich., has promoted an executive from its bank to become its next chief financial officer.

Sen. Elizabeth Warren, the founder of the Consumer Financial Protection Bureau, said Thursday she would fight back against congressional efforts to delay or revamp the agency's payday lending proposal even while she acknowledged the plan could have been tougher.

Branch managers are essential, but it is the manager's manager that can set the tone for the performance of a bank's branch program.

Castle Creek Capital Partners has appointed a director to serve on the board at HCSB Financial in Loris, S.C.

The Consumer Financial Protection Bureau issued its long-awaited proposal Thursday to regulate payday, auto title and certain high-cost installment loans without a key provision that would have allowed banks to compete by offering their own small-dollar loans.

How Eastern Bank pulled off something few community banks have: launching a digital lending product that the 197-year-old mutual dreamed up in its innovation lab.

The Consumer Financial Protection Bureau's long-awaited proposal to establish the first federal rules for payday, auto title and high-cost installment loans did not include a provision that banks had planned would allow them to compete by offering small-dollar installment loans.

The 'decentralised apps' tied to blockchain bring increased transparency, automation and security to traditional payment systems. This can create a domino effect that leads to a reduction in operational costs, accounting expenses, and friction which can benefit the business and pass savings on to customers.

Summit Financial Group in Moorefield, W.Va., has agreed to buy First Century Bankshares in Bluefield, W.Va.

While there were positive signals like loan growth and improved interest margins in the Federal Deposit Insurance Corp.'s first-quarter report card, there were also signs of trouble for the future, including larger institutions' ongoing exposure to the energy sector.

The Independent Community Bankers of America said that it agrees with the Office of the Comptroller of the Currency’s support for “responsible innovation” in fintech but that it worries marketplace lenders have a “regulatory advantage.”

The prepaid card issuer issued conflicting statements in recent weeks as customers complained that they were unable to access their funds.

Suresh Ramamurthi has launched a new payment system for healthcare providers and APIs that let other companies create their own faster-payment products — all at a tiny bank in rural Kansas.

We need to adopt a more nuanced view of credit that considers not only the cost of credit, but also the cost of default and the cost of having no credit.

After a body was found outside of a branch of Mountain America Credit Union, the Salt Lake City-based credit union is dealing with the fallout of being stuck in the middle of a murder investigation.

FirstBank Florida in Miami has recruited five bankers from area competitors to bolster its commercial banking department.

Access to credit helps unemployed consumers by giving them more time to find a new job with higher pay, according to research by economists from the University of Minnesota and Dartmouth College.

Fannie Mae announced it sold its third Community Impact Pool of non-performing loans to New Jersey Community Capital.

Banks announced 41 mergers through May 31, representing a 16% decline from the same period in 2015, according to data from Keefe, Bruyette & Woods and S&P Global Market Intelligence.