Independent mortgage lenders are expecting a wave of consolidation prompted by excessive compliance costs, a tepid housing recovery and the need for more capital to grow their businesses. Roughly 20% to 25% of independent companies could be eliminated or change hands in less than two years.

Loading mobile wallets at the ATM is one of several ways Andy Mattes, CEO of Diebold, envisions consumers using their smartphones alongside cash machines.

GC Services LP, a nearly 60-year-old accounts receivable management company, has been sold for undisclosed terms.

PayPal Holdings has named the head of a cryptocurrency firm to its board.

Consumers increasingly fell behind on their payments in several loan categories in the third quarter as economic growth cooled.

There is a growing belief that reserves for energy loans should represent 5% of a bank's exposure to the sector. Three banks have already announced plans to move in that direction, prompting speculation as to which other lenders will be next.

Officials in Montezuma County, Col. hope a Web-based collection management system will help them collect more than $311,000 in debt owed by current and former inmates.

The opportunity for banks from the dramatic growth in deposits goes beyond just funding loans.

A large Texas-based debt collection law firm will pay $3.4 million to settle accusations it illegally practiced law in California without having any lawyers in the state.

As fintech pitches itself as the future of consumer financial services to bankers, regulators, legislative staffers and journalists, it's not enough to claim that innovations are better. We nontechies want an explanation why, in layman's terms.

Mortgage loan officers have gotten a lot of referral business through formal marketing services agreements. Now that these agreements have come under regulatory scrutiny, referrals are going to depend even more heavily on providing real estate agents and consumers with the best mortgage experience, as a means to generate word-of-mouth marketing.

Codorus Valley Bancorp in York, Pa., will soon have a new leader for its bank.

Having shored up capital following the financial crisis, many banks are flush with cash and in search of ways to put it to use. One option for banks that did sale-leasebacks in the past is to reacquire their branches.

Community bankers and credit unions scored a significant victory while others in the mortgage industry lost out in the Federal Housing Finance Agency's final rule establishing membership standards for the Home Loan banks.

Ford Motor Credit is rolling out a pilot program that allows small groups of people to lease a vehicle together.

Valley National Bank in Wayne, N.J., has a new chief administrative officer.

Chris Bauer, who navigated Anchor BanCorp through bankruptcy and an IPO, will stay with Old National in an unspecified role. Old National, meanwhile, has added Wisconsin to the list of states where it is looking for acquisitions.

Mary Kay Bates, who had been chief operating officer in January 2014, was promoted to president of the $724 million-asset bank in Spirit Lake, Iowa.

The latest in BBVA Compass' ventures with fintech companies will bring it a simpler way to offer investment advice to the millions of households that typically don't qualify for it.

It took seven years, but the U.S. credit-card business has finally bounced back from its post-crisis hangover.