Consumer banking
Consumer banking
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TotalBank in Miami has terminated 58 employees in operating and commercial job functions, after it upgraded its technology.
November 19 -
Republican presidential contenders are off base when they claim the Dodd-Frank Act spurred the decline in community banks, which in fact predated the law.
November 19 -
The telemarketing industry will not be allowed to use remotely created checks and other forms of payments under rules adopted by the Federal Trade Commission. The measures, designed to reduce fraud against consumers, drew opposition from the Federal Reserve Bank of Atlanta and the banking industry.
November 18 -
Charles Cawley, who founded MBNA and built it into an affinity credit-card empire that was sold to Bank of America for $35 billion, has died. He was 75.
November 18 -
LegacyTexas Financial Group in Plano will issue $75 million in subordinated debt for potential acquisitions and other uses.
November 18 -
Commercial and retail banking customers in some cases are being marginalized from the financial system, making de-risking a pressing social-policy issue, a Bank of America official said at a Clearing House conference.
November 18 -
First South Bancorp in Washington, N.C., will close three branches as part of a larger branch-restructuring plan.
November 18 -
Online payday lender Integrity Advance is being sued by the Consumer Financial Protection Bureau for allegedly deceiving consumers about its loan costs.
November 18 -
The New York Department of Financial Services' letter indicating potential cyber rules are prompting concerns that the state's plans could lead to more stringent measures throughout the industry.
November 18 -
The online payday lender Integrity Advance is being sued by the Consumer Financial Protection Bureau for allegedly deceiving consumers about its loan costs.
November 18 -
U.S. Bank recently updated its mobile app to a system that would allow it to react more quickly to new technology. It's going to need that flexibility now that consumers are complaining about missing features in the latest upgrade.
November 18 -
The Federal Trade Commission has approved final amendments to its Telemarketing Sales Rule, including a change aimed at protecting consumers from fraud by prohibiting four discrete types of payment methods favored by con artists and scammers.
November 18 -
A new report based on research from the Harvard Joint Center for Housing Studies indicates student loans bet has a potentially strong impact on consumers seeking to move from renting to buying a home. It also could delay their ability to build savings for a mortgage down payment.
November 18 -
The private equity firm founded by Eugene Ludwig has sold about 6% of its stake in Seacoast Banking Corp. of Florida for $7.3 million.
November 18 -
The trade group is calling for increased scrutiny of tech companies that are increasingly encroaching on banks' turf, but Georgia banker Dan Blanton says banks also need to be thinking about ways to team up with these new players in payments and lending or figuring out how to beat them at their own game.
November 18 -
Entegra Financial in Franklin, N.C., has adopted a plan to preserve the value of about $12.2 million deferred tax assets.
November 18 -
The economy grew at a slower pace in the third quarter but consumer spending levels remain solid, according to the Federal Reserve Bank of New Yorks latest Economy in a Snapshot report.
November 18 -
A man accused of operating a bitcoin exchange allegedly owned by the mastermind of a criminal enterprise that hacked at least nine big financial institutions and publishing firms, including JPMorgan Chase, pleaded not guilty to money laundering.
November 18 -
Trustmark in Jackson, Miss., has named Granville Tate Jr. its top legal eagle.
November 18 -
The American Action Network's provocative television commercial introduced millions of Americans to one of the most powerful and unaccountable government agencies in Washington.
November 18



