Consumer banking
Consumer banking
-
While existing state laws show that payday lending curbs lead to positive outcomes, those laws will still benefit from a strong Consumer Financial Protection Bureau rule.
June 1 -
A legislative proposal has surfaced in Congress that seeks to disrupt much of the U.S. system of reporting and using credit information, including potentially major changes in credit scores.
June 1 -
Ties to the energy sector hurt the banking industry in the first quarter as earnings fell 1.9% to $39.1 billion compared with a year earlier, the Federal Deposit Insurance Corp. said Wednesday.
June 1 -
Civista Bancshares in Sandusky, Ohio, will record a gain of roughly $1.5 million in the second quarter after a nonperforming loan was fully repaid.
June 1 -
Achieving high performance is a challenge. But these five traits help the elite banks drive such impressive results.
June 1 -
Several civil rights and community development groups wrote Tuesday to urge the Federal Housing Finance Agency to recapitalize Fannie Mae and Freddie Mac.
June 1 -
Community Business Bank in West Sacramento, Calif., has finally put the Troubled Asset Relief Program in the past.
May 31 -
The latest crop of prohibition orders includes one against an employee involved in the fraud that led to the failure of Taupa Lithuanian CU.
May 31 -
By allowing commercial clients to authenticate via an eye scan, Wells Fargo is making a burdensome task simple. Secil Watson, head of wholesale Internet solutions, is pushing the bank to make digital banking easier for commercial clients.
May 31 -
The Consumer Financial Protection Bureau will unveil sweeping federal regulations Thursday for payday lenders that could open the door for competition from banks, while forcing lenders to move toward longer-term installment loans. Here's what to track when the plan is released.
May 31 -
At least three community banks have hired lenders who once worked at banks bought by BB&T. The question is whether those lenders can coax their clients to also make a switch.
May 31 -
Wellesley Bancorp in Massachusetts has recruited a State Street executive to succeed its outgoing chief financial officer and treasurer.
May 31 -
The pricing of student loans, and higher-ed degrees themselves, should have more to do with the proven earning power of a university's graduates in the eyes of some innovators. Big data could play a huge role.
May 31 -
First South Bancorp survived a close vote on a shareholder proposal to "immediately" take steps to sell the Washington, N.C., company.
May 31 -
Institutional and private-equity investors are more demanding of regular face time with decision makers like CFOs, who better be prepared to answer questions not just about balance sheets and income statements, but also underwriting standards, loan concentrations and accounting methods.
May 31 -
The idea that restricted access to loans for poor-credit borrowers is unequivocally a bad thing is based on industry talking points that don't stand up to real-world scrutiny.
May 31 -
A lawsuit filed in U.S. District Court accuses Atlanta-based Equifax of failing to keep its promises to protect the personal information of Kroger employees.
May 31 -
A Georgia auto title lender has contributed nearly $240,000 in additional funds to two South Dakota political organizations waging campaigns over a pair of short-term lending ballot measures, according to campaign finance records released Friday.
May 31 -
Instant Apps could give banks a better option for transitioning customers from a quick and easy account opening to a more robust banking experience.
May 31




