Consumer banking
Consumer banking
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Optimizing content for the mobile browser home page and its app is one of several changes Wells Fargo has been making this quarter. The updates underscore the growing importance of mobile.
March 30 -
Word that Hancock Holding in Mississippi would more than double its loan-loss allowance has triggered broader questions about how the oil slump could spread beyond the energy portfolios of a whole class of banks.
March 30 -
Fannie Mae has unveiled a mortgage for borrowers who want to finance energy and water efficiency improvements to their homes.
March 30 -
The CFPB has ordered Student Aid Institute Inc., a company accused of preying on student loan borrowers, to shut down, cancel all contracts and stop participating in the industry.
March 30 -
The Consumer Financial Protection Bureau on Wednesday ordered a San Diego student debt relief company to shut its operations, cancel all contracts and cease participating in the industry.
March 30 -
Former Oklahoma governor and American Bankers Association chief Frank Keating has been named a director of BancFirst in Oklahoma City.
March 30 -
Model legislation in the works would give state legislatures a template for regulating virtual currency businesses. The Treasury is lobbying against clear exemptions for firms that don't control customer funds.
March 30 -
Huntington Bancshares has partnered with the owner of the NBA's Detroit Pistons to provide $25 million in financial support in Flint, Mich., in response to the city's drinking water crisis.
March 30 -
Bankers are fighting back against a plan that would allow Fannie Mae and Freddie Mac to invest in low-income housing tax credits, arguing they are critical for meeting Community Reinvestment Act requirements.
March 30 -
A federal court halted a Chicago-area operation that allegedly threatened consumers to collect phony payday loan debts and provided portfolios of fake debt to other debt collectors. It's the FTCs first case alleging that practice.
March 30 -
The ability to program value exchanges without risk of censorship, moderation or theft gives smart contracts a leg up in servicing users who lack a mainstream banking association.
March 30 -
An Iowa man, who battled the Iowa Department of Revenue for three years over taxes he argued collectors never should have demanded he pay, received a $5,000 reimbursement this week from his former employer.
March 30 -
In many cases, customers aren't staying with a bank's brand because they are satisfied. They are staying with the brand because it's too hard to leave.
March 30 -
Wells Fargo has agreed to pay the state of California $8.5 million to settle a probe into its failure to tell consumers it was recording their calls.
March 30 -
Western Alliance Bancorp. in Phoenix has agreed to buy GE Capital's hotel franchise finance loan portfolio.
March 29 -
ESSA Bancorp in Stroudsburg, Pa., has a new chairman and two new independent directors.
March 29 -
ConnectOne Bancorp in Englewood Cliffs, N.J., has exited the Small Business Lending Fund program.
March 29 -
Opus Bank in Irvine, Calif., has hired Jeffrey Zaks, a CIT Group banker, to lead its new media and entertainment lending group.
March 29 -
The CFPB's latest monthly report on complaints from consumers focuses on debt collection complaints.
March 29 -
Credit unions have a dominant auto lending presence in the West, boasting as much as a 50% market share in some areas. Credit Union Journal explores what is driving that dominance.
March 29



