A startup backed by philanthropist Pierre Omidyar has emerged from stealth mode with technology that promises to provide consistent value and a degree of privacy to electronic money.

Dave Seleski founded Stonegate in 2005 and the decade since has built it into one of Florida's best-performing banks through a combination of prudent lending and opportunistic buying. Now he's got his sights set on Cuba and playing a key role in bringing that country's economy into the 21st century.

Officials in Horry County, S.C. unveiled a plan Monday for recovering some of an estimated $20 million in unpaid EMS bills.

TransUnion's 2016 auto loan forecast projects stable delinquencies throughout the next year, with delinquency levels remaining flat at 1.11% during year-end 2015 and year-end 2016.

Eastern Bank in Boston has agreed to buy a health care insurance brokerage firm from Northwestern Mutual Life Insurance in Milwaukee.

The United Kingdom has already seen the emergence of mobile-first institutions that have won regulatory approval for a banking charter. It is only a matter of time before they invade the U.S. market.

The Federal Housing Finance Agency unveiled a new proposal Tuesday that would detail how Fannie Mae and Freddie Mac should serve three underserved markets: manufactured housing, affordable housing preservation and rural markets.

Four alleged mortgage modification scammers are banned from selling debt relief products and services under settlements resolving Federal Trade Commission charges that they deceived homeowners facing foreclosure.

A long-awaited proposal to strengthen payday and small-dollar loan rules is nearing release by the Consumer Financial Protection Bureau more than nine months after the agency initially unveiled the plan.

Millennials starting their careers with $30,000 in student loans could enter retirement with far less savings than those without any education debt, according to research from the LIMRA Secure Retirement Institute.

Southwest Bancorp in Stillwater, Okla., has hired a group of former National Bank Holdings commercial lenders to lead its Colorado market.

Digital Asset Holdings, a blockchain technology developer, has named former executives from SunGard Data Systems and Swift to its board and management team.

Frandsen Financial in Arden Hills, Minn., has agreed to buy Provincial Corp. in Lakeville, Minn.

The agency made good on a vow to make 2015 the "year of regulatory relief," causing headaches for the banking industry in areas such as field of membership and member business lending.

California regulators on Monday identified 14 companies that the state is targeting as part of its recently announced inquiry into the marketplace lending industry.

Relations between banks and fintech companies are starting to thaw as the two sides begin to acknowledge the advantages of scale that exist when they join forces.

The Irvine, Calif.-based company plans to offer subprime borrowers the ability to get an auto loan online or through a smartphone.

Debt-buying giant PRA Group, based in Norfolk, Va., has seen negative operating leverage in recent years because of the effects of the global economy, according to Zacks Investment Research.

For an industry on the precipice of redefining what a bank is and does, there's a disturbing absence of effort to welcome more women.

Associates of Glen Falls Insurance said that it bought Loomis & LaPann, an insurance unit of Arrow Financial that focuses on amateur sports, for an undisclosed price.