Consumer banking
Consumer banking
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U.S. Bank has promoted Jeffrey W. Jones to president of its corporate payment systems group after he spent nearly 15 years as head of global treasury management.
September 21 -
Credit-card industry executives always insist that they face strong competition. But the battle between the nation's largest card issuers appears to have intensified in recent months, and it shows no signs of waning.
September 21 -
Consumers who lost money in an online operation that illegally debited their bank accounts when they sought payday loans are being mailed checks this week totaling $1.5 million.
September 21 -
A shorter, less burdensome and more sensible call report is an important step toward reducing community banks' regulatory burden.
September 21 -
The Consumer Financial Protection Bureau has appointed new consumer finance experts from outside the federal government to its Consumer Advisory Board, Community Bank Advisory Council and Credit Union Advisory Council.
September 21 -
A federal grand jury has indicted the founder of a once-booming Indiana collection agency on felony bank fraud, wire fraud and bankruptcy card charges.
September 21 -
The profound disruption that has led to the rise of challengers like Apple, PayPal and Square can ultimately drive innovation across the financial services industry.
September 21 -
The county reportedly has written off more than $150,000 in debt and has had no success hiring an agency or law firm.
September 21 -
California Bank of Commerce in Lafayette, Calif., has agreed to buy Pan Pacific Bank in Fremont, Calif.
September 21 -
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A recap of the informed opinions (and the discussions they generated) on BankThink this week, including banks' subpar shareholder value and how big-data advocates can better communicate with critics who worry about the technology's potential discriminatory effects.
September 18 -
Citi and Capital One are putting pressure on rivals such as Discover and American Express, while Wells Fargo is eyeing a bigger footprint in the business.
September 18 -
Two banks with labor ties Amalgamated Bank of Chicago and United Business Bank in Oakland are beginning to aggressively court commercial clients.
September 18 -
Community banks are hoping regulators' recent decision to drop certain items from call reports is just the beginning of supervisory efforts to streamline the forms to reduce their burden.
September 18 -
During the recent market volatility, apps that aim to lure non-typical investors into the market faced a problem with which all digital-only financial products contend: no office to visit for reassurance. Companies turned to emails, tweets and pop-up messages to try to replicate the soothing voice.
September 18 -
Fidelity Bank, a mutual in Fitchburg, Mass., that's merging with another mutual, has named Christopher McCarthy chief operating officer.
September 18 -
Studies are showing that companies predominantly led by women perform better than those led by men; worldwide trends are showing a continuing uptick in the number of women on boards, but they still account for less than 20% of directors.
September 18 -
Lenders and vendors found no bad surprises in the Truth in Lending Act/Real Estate Settlement Procedures Act integrated disclosure exam guidance, but it didn't clarify much industry confusion either.
September 18 -
The governments cap on interchange fees has failed to produce savings for consumers. Thats why the Federal Reserve should avoid dictating prices in the private sector.
September 18 -
American Banker readers share their views on the most pressing banking topics of the week. Comments are excerpted from reader response sections of AmericanBanker.com articles and from our social media platforms.
September 18




