Consumer banking
Consumer banking
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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 -
The Consumer Financial Protection Bureau's consumer complaint database is riddled with errors and distrusted by some of its own employees, according to internal documents and interviews with current and former agency officials.
November 18 -
Private-equity investors in Opus Bank in Irvine, Calif., are cashing in some of their chips.
November 18 -
Before answering a single question about bitcoin or blockchain technology, Align Commerce CEO Marwan Forzley began slamming the mainstream process of moving funds across borders.
November 18 -
The White House threatened to veto two bills on Tuesday one that would mandate new cost-benefit requirements on the Federal Reserve and the other to allow loans held in portfolio to qualify as a qualified mortgage.
November 17 -
Wells Fargo has promoted Tim Sloan to president and chief operating officer, a move that likely puts him on a short list of candidates to succeed John Stumpf as chief executive.
November 17 -
A joint venture formed by a regional credit union trade group and a loan servicer has a simple mission: to help small credit unions that lack expertise in SBA lending jump into the booming 7(a) market.
November 17 -
Farmers Capital Bank in Frankfort, Ky., has hired a business lawyer as chief operating officer.
November 17 -
In one instance, a single complaint in the Consumer Financial Protection Bureau's database was counted as 35 different ones while in another, a complaint against a payday lender was filed against an unrelated bank. Current and former officials say that's par for the course, leading to inflated complaint numbers and inaccurate data.
November 17 -
Regions Financial in Birmingham, Ala., has hired FBI veteran John Boles to oversee its investigations of cybersecurity and international threats.
November 17 -
There was mixed news released Tuesday concerning homeowners facing financial difficulties.
November 17





