Consumer banking
Consumer banking
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The bank that got Moven and Simple off the ground is coming out with real-time payments, through a clever use of debit networks.
February 25 -
Digit, a startup in San Francisco targeting millennials, has launched a service that crunches checking account data to determine daily amounts to automatically transfer into users' savings accounts. Its debut points to how personal financial management services are growing up to do the work on the consumer's behalf.
February 25 -
A senior regulatory official on Wednesday continued the alarm bell over the brisk growth in auto lending, suggesting that some lending terms could be setting up banks for trouble.
February 25 -
The Consumer Financial Protection Bureau issued a proposal Wednesday aimed at improving the way that companies submit consumer credit card agreements to the bureau.
February 25 -
A contingent of former Corinthian Colleges Inc. students, backed by student advocates and more than a dozen Senate Democrats, has demanded that the U.S. Department of Education forgive thousands of federal student loans taken out by Corinthian students.
February 25 -
Banks would likely not see an immediate effect from the Federal Communications Commission's open Internet plan, but experts say it could prevent future discriminatory moves by carriers that want to compete more in offering financial services.
February 25 -
Doral Financial's future took another blow after the Puerto Rican company disclosed that its bank is now viewed by regulators as being "critically undercapitalized."
February 25 -
Officials in Elmhurst, Ill., a Chicago suburb, are looking at hiring a new collection agency to pursue overdue parking tickets and other delinquencies.
February 25 -
Consumer Financial Protection Bureau Director Richard Cordray discussed CFPB enforcement efforts and the pending rules for the debt collection industry, which are expected to be issued this year, during the National Association of Attorneys General meeting.
February 25 -
Capital One has received requests for information from federal regulators about its anti-money-laundering program and check casher clients, as authorities lean on banks to do a more thorough job policing their customers and their customers' customers.
February 24 -
JPMorgan Chase executives used an annual investor gathering to hammer home their arguments why the company's sum is more valuable than its parts and to promise investors that they will keep slicing costs.
February 24 -
Lending Club lost $9 million in the fourth quarter, hurt by expenses tied to its highly publicized initial public offering and by other costs.
February 24 -
First Niagara Financial Group in Buffalo, N.Y., overstated its allowance for loan and lease losses from the middle of 2013 through the end of 2014 and may restate earnings for the period.
February 24 -
U.S. Century Bank inDoral, Fla., has received regulatory approval for its plan to raise $65 million in capital, according to a news report.
February 24 -
Community Bank System in Syracuse, N.Y., has agreed to buy Oneida Financial in Oneida, N.Y.
February 24 -
Community bank earnings surged 28% to $4.8 billion during the fourth quarter, compared to a 7.3% decline for the industry as a whole, according to a report released Tuesday by the Federal Deposit Insurance Corp.
February 24 -
San Francisco-based Sindeo is trying to bring the mortgage brokerage business into the future, creating a new online service that focuses on helping consumers navigate the often confusing mortgage process from start to finish.
February 24 -
IBM will assist Citi's Mobile Challenge competition, the two announced Tuesday.
February 24 -
The heightened regulatory environment for servicers has also prompted a wave of process improvements.
February 24 -
Marketplace lending platforms like Lending Club still need banks to make the loans. Cross River Bank CEO Gilles Gade, who has deals with 14 platforms and has talked with dozens of others, explains the mechanics of these agreements in a Q&A.
February 24


