Three in four lenders said it is increasingly difficult to find and acquire new customers and that they’re challenged by a low interest rate environment that’s spurring competition for a pool of consumers who receive multiple credit offers, according to a TransUnion survey.

Outstanding revolving debt, including ongoing lines of credit used by consumers, jumped to $935.6 billion as of December from $841 billion in 2010, according to data from the Federal Reserve and a report from ValuePenguin.

Banks are coming up short in trying to keep pace with other more advanced app providers, but emulating these five steps taken by nonbanks can help drive mobile engagement.

Several big banks have promised their customers cardless ATMs this year, but customers of the $1.2 billion-asset Avidia have been able to get cash without taking out their cards since last summer.

Orrstown Bank launched several innovative Web initiatives in 2015, including a SMS two-way texting platform and a Zillow-like feature that displays housing listings on its Web presence.

Sen. Bernie Sanders' victory in New Hampshire will undoubtedly boost his campaign, but his plan to cap interest rates for credit card and other consumer loans at 15% won't help anyone in the short term and could potentially wreak havoc on low-income people in the long term. Here's how.

Lighthouse Bank in Santa Cruz, Calif., has brought back one of its co-founders to become its president. The $176 million-asset bank said in a press release that Jon Sisk had become its president on Monday.

Broadway Financial in Los Angeles has been released from an enforcement action administered by the Federal Reserve.

Many institutional investors are refusing to purchase mortgages loans until they get assurance from the CFPB that they won't have to pay for others' mistakes. Their pullback could further the slow the issuance of private-label mortgage bonds this year, a huge concern at a time when the majority of home loans are insured by Fannie, Freddie and the FHA.

Bankers, irate with the NCUA's plan to expand field-of-membership for certain credit unions, are flooding the agency with comment letters. The NCUA has received 10,500 total letters, or more than triple the previous record for such responses.

Outstanding automotive loan balances rose 11.5% from a year earlier in the fourth quarter, Experian Automotive said Tuesday.

Ted Tozer, president of the Government National Mortgage Agency, wants more hands to monitor the growing number of nonbank MBS issuers.

U.S. Bancorp agreed to pay $10 million while Banco Santander settled for $3.4 million following missteps in how they handled earlier orders from regulators to fix faulty foreclosure practices, according to the Office of the Comptroller of the Currency.

A new breed of tax refund anticipation loans is testing that age-old maxim, with supporters saying that free really does mean free and critics suggesting that the products' 0% interest rates are masking the actual costs.

Stephen Steinour, chief executive of Huntington Bancshares in Columbus, Ohio, has pursued a risky strategy of taking losses in exchange for adding new customers, the Cleveland Plain Dealer reported.

U.S. consumers in December increased their borrowing at the fastest pace in three months. The result suggests that consumer spending should remain strong in the coming months.

Overhauling the S&L crisis-era method for intervening in struggling banks, which did not live up to expectations during the 2008 meltdown, should be a higher priority.

Louisiana’s Office of Motor Vehicles has recovered $22.5 million of the projected $444 million owed to the agency as a result of residents with lapsed auto insurance. But some drivers believe the state’s Office of Debt Recovery is being too aggressive.

The Federal Home Loan Bank System was designed to provide liquidity to community lenders and traditional insurers, not to unregulated lenders that circumvent the membership rules.

Activist investor Lawrence Seidman has reversed course and will support the lone Malvern Bancorp director standing for re-election.