Consumer banking
Consumer banking
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Suddenly, online lenders are struggling, or paying higher prices, to attract the institutional money that has fueled their rapid rise.
April 13 -
Banks are starting to use Facebook Messenger as a way to connect with customers. For now, such interactions will be limited and largely based on artificial intelligence. Down the road, the move could place Facebook deeper into the lives of its customers and could give it an entrée into financial services.
April 13 -
Mutual of Omaha Bank and an affiliate of PlainsCapital Bank in Dallas have partnered to sell residential mortgages.
April 13 -
To date, only a handful of banks have become benefit corporations, but experts believe the number could rise as regulators become more comfortable with the concept.
April 13 -
A lawsuit filed in New York alleges that Northern Leasing Systems, along with several affiliated companies and individuals, trapped small businesses into credit card processing equipment lease agreements and abused the court process by pursuing allegedly wrongful collection lawsuits.
April 13 -
The world knows JPMorgan's quarterly profits fell and that it flunked the living wills test. But underneath all that were solid first-quarter results in its core lending businesses that bode well for other banks at the start of earnings season.
April 13 -
Financial Institutions in Warsaw, N.Y., has offered an olive branch to resolve a proxy battle with an activist investor.
April 13 -
Noah Bank in in Elkins Park, Pa., has sued NOA Bank in Duluth, Ga., in a dispute between two Korean-American banks over trademarks and competitive intelligence.
April 13 -
Those who want to understand exactly how bitcoin is being adopted in the U.S. would do well to take a look at the tech startup Snapcard.
April 13 -
Retail banks must reinvent the way they charge consumers for their services at a time when institutions are struggling for profitability.
April 13 -
Federal appeals court judges hearing a case challenging the Consumer Financial Protection Bureaus single-director leadership structure appear receptive to arguments that the setup violates the Constitution.
April 13 -
Affirm, a three-year-old online lender that finances consumer purchases at the point of sale, has raised a $100 million in equity funding to help it boost distribution and develop new products and services.
April 13 -
Bank of America customers could soon interact with the bank via Facebook's Messenger app, the banking company said Tuesday.
April 13 -
JPMorgan Chase & Co., the biggest U.S. bank by assets, said first-quarter profit fell 6.7 percent on lower trading and investment-banking revenue and $479 million in wholesale credit costs.
April 13 -
Profits soared at Bank of the Ozarks in Little Rock, Ark., thanks primarily to its expanding loan portfolio.
April 12 -
The Consumer Financial Protection Bureau named six people to top staff positions Tuesday, including the head of a new office for small-business lending.
April 12 -
Long-term worries, short-term worries, the broader economy and more. Community bankers see lots of obstacles to earnings growth this year, according to a recent survey of 250 small-bank executives conducted by Vining Sparks.
April 12 -
Quicken Loans plans to appeal a recent federal labor ruling that the Detroit lender and other companies owned by Dan Gilbert violated employees' rights.
April 12 -
A GAO report released Monday indicates that the number of nonbank firms servicing mortgages in the U.S. is growing but the CFPB - the agency charged with protecting borrowers - does not have an accurate count of those companies.
April 12 -
The banking industry, in the face of prolonged challenges, is relying on professional help to improve in areas such as productivity, hiring and M&A. The hope is that being introspective now will limit the amount of costly mistakes in the future.
April 12





