MuniServices LLC, a business of debt-buying giant PRA Group, will offer aspiring municipal leaders a chance to learn about strategic financial administration through a new certification program.

A recent story in American Banker reported that at least three banks are planning to launch new small-dollar loans products after the Consumer Financial Protection Bureau's payday lending rule becomes effective.

Requiring the bank regulators to disclose the numerical grades they give for capital, assets and other factors would subject them to the same market discipline they demand for banks.

Grant Bancshares in Natchitoches, La., has agreed to buy Tri-State Bank and Trust in Haughton, La.

The San Jose (Calif.) City Council is reviewing the best way to recover the overdue fines without also chasing people away.

Google should be applauded for deciding to ban payday loan-sponsored ads. But it should tweak some of the details so legitimate lenders can still advertise.

At a recent hearing in Harlem, community leaders and others expressed their desire for the United States Postal Service to offer financial services.

The Supreme Court on Monday ruled that private attorneys hired by states are not in violation of the Fair Debt Collection Practices Act when using official letterhead to collect a debt. The case has been watched closely by financial institutions for its interpretation of “false, deceptive or misleading” practices.

WASHINGTON -- M&T Bank has agreed to pay $64 million to settle U.S. government allegations that it originated defective Federal Housing Administration insured loans over a five-year period.

Huntington Bancshares is the latest institution to add a cybersecurity expert to its board, highlighting the growing importance of guarding against hackers and other online dangers.

The June 25 launch, which will provide lenders with much more information about a borrower's credit history, will mark the first widespread use of trended data in the mortgage industry.

Seacoast CEO Dennis Hudson, in a letter to the company's biggest shareholder, touted improved performance while questioning the timing of the investor's push for a sale.

Two Ohio law firms did not use illegal tactics when they mailed debt collection letters on stationery bearing the name of Ohio’s attorney general, according to a unanimous Supreme Court ruling Monday.

UBS is partnering with the technology developer SigFig to launch a robo platform for its 7,000 advisers, making this one of the most high-profile deals of its kind between a wealth management firm and a tech startup.

Favorable treatment under upcoming Consumer Financial Protection Bureau rules has led banks to signal interest in small-dollar loans. But if they can serve the market profitably, why aren't they already doing it?

A pair of Massachusetts thrifts have bought insurance agencies.

Green Dot agreed to split the roles of chairman and chief executive officer. Steven Streit is the current CEO, while an independent chairman will be named after the 2016 annual meeting, the prepaid debit-card company said Monday in a statement.

Complaints against debt collectors filed with the Consumer Financial Protection Bureau dropped last month from 3,505 complaints in March to 2,816 complaints in April, a 19.7% decrease.