Consumer banking
Consumer banking
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BMO Harris is adding cardless ATM access to 750 machines, enabling customers to withdraw cash using a smartphone application instead of a plastic card.
March 16 -
One of the most successful startup banks in a generation is turning over its keys to a California bank. Institutional ownership and the prospect of slower growth may have prompted Square 1 to make the deal.
March 16 -
Subprime consumer lending has reached its highest levels since the beginning of the financial crisis. Is the business, having failed to heed the lessons of the financial crisis, primed for another disaster?
March 16 -
EverBank Financial in Jacksonville, Fla., has announced the share price of a secondary public offering by two institutional stockholders.
March 16 -
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An expected rush of refinancings of Federal Housing Administration loans could force some mortgage servicers to take writedowns in the first and second quarters, but they have more incentive than ever to keep borrowers in the FHA program instead of letting rivals lure away their customers.
March 13 -
Four Star Resolution in Buffalo, N.Y., one of two collection agencies in Western New York facing lawsuits from the Federal Trade Commission and the New York Attorney Generals office for allegedly abusive tactics, wants a judge to remove a restraining order preventing it from doing business.
March 13 -
Ed DeMarco, the former chief regulator of Fannie Mae and Freddie Mac, warned that efforts under the Obama administration to expand access to credit could risk repeating mistakes that led up to the crisis.
March 13 -
Enterprise Financial Services in St. Louis plans to add a banking veteran to its board.
March 13 -
Western Alliance Bancorp. relishes niches with thin competition and high rewards. Its deal for Bridge Capital is no different: The seller serves small tech companies that provide high liquidity and ample fee revenue.
March 13 -
Reliance Bancshares is also talking to Tim Hortons about anchoring some of its branches, in hopes that coffee traffic will bring more business into its underutilized offices.
March 13 -
It's not just about cutting lawns and patching holes. To convey a foreclosed property into the Department of Housing and Urban Development's ownership, servicers are on the hook for every last detail of a vacant house. Here are five key pieces of the preservation puzzle.
March 13 -
First Bancorp in Puerto Rico revised its fourth-quarter earnings to reflect an adjustment tied to a reversal in its deferred-tax asset.
March 13 -
Glen Rock Savings Bank in Glen Rock, N.J., has agreed to buy Llewellyn-Edison Savings Bank in West Orange, N.J.
March 13 -
WASHINGTON Sen. Richard Durbin, D-Ill., renewed his push Thursday to allow bankruptcy judges to cram down private student loan debt, introducing a bill on the issue with 12 other Democrats.
March 12 -
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.
March 12 -
Hencorp Becstone Capital in Miami has agreed to pay $3.8 million to settle allegations that it provided inaccurate statements and claims to the Export-Import Bank.
March 12 -
When customers have a problem on mobile or online banking and (gasp) need to turn to a real person, Bank of America's Steve Beasty wants them to have a seamless and friendly experience.
March 12 -
A U.S. district court has banned the ringleader of a multi-million dollar fraud that targeted seniors from all telemarketing activities after he agreed with the Federal Trade Commissions allegations that he withdrew money illegal from consumers bank accounts and funneled it to Canada.
March 12





