Consumer banking
Consumer banking
-
H&R Block in Kansas City, Mo., and BofI Holding in San Diego have pushed back the closing date for transferring ownership of H&R Block Bank.
February 13 -
Gary Patton Hall Jr. hid underperforming and at-risk loans from the Federal Deposit Insurance Corp. and the bank's loan committee, the Federal Bureau of Investigation said in its indictment Thursday.
February 13 -
Banks nationwide are finding ways to make mobile deposit capture available to more people and faster without taking on more fraud risk.
February 12 -
The jobs eliminated were reportedly in Bank of America's Legacy Asset Servicing business, which provides services to customers at risk of foreclosure.
February 12 -
Sen. Elizabeth Warren said community banks have continued to be profitable despite new rules under the Dodd-Frank Act while raising fresh warnings about unnecessary changes to the financial reform law in the guise of regulatory relief.
February 12 -
WASHINGTON The Consumer Financial Protection Bureau took action Thursday against three mortgage companies that, authorities say, falsely implied affiliation with the U.S. government.
February 12 -
Calls for U.S. regulators to reform money-transmittal rules are growing after a California bank cut off remittances to Somalia.
February 12 -
Elected officials in Santa Fe and Seattle are considering plans to form municipal banks to promote affordable housing and reach out to the underbanked. Bankers are wary since such institutions could present competition.
February 12 -
Foreclosure filings - default notices, scheduled auctions and bank repossessions - were reported on 119,888 U.S. properties in January, an increase of 5% from the previous month but still down 4% from a year ago, reports RealtyTrac, a company that tracks housing data.
February 12 -
Two new defendants have been named in a Federal Trade Commission case against a phony debt relief and credit repair scheme that allegedly deceived consumers about non-existent federal programs to pay off their bills and fix poor credit.
February 12 -
Ohio Attorney General Mike DeWine filed a lawsuit Wednesday against a Buffalo, N.Y., collection agency accused of impersonating regional government agencies and sheriffs deputies attempting to collect debts.
February 12 -
American Express will certainly suffer when its 16-year cobranding deal with Costco ends in 2016, but its executives will spend the next year building up the card brand's digital payment products to create enough opportunities to ease the company's short-term pain and guarantee its long-term health.
February 12 -
Digital Insight, a company owned by NCR Corporation, has secured an agreement with EyeVerify Inc. to integrate the biometrics company's eye vein recognition technology, called Eyeprint ID, into its mobile banking platforms.
February 12 -
The Federal Reserve Board has raised several concerns about the interbank fee that is part of an industry group's plan to make funds available to consumers on the same day. It's another speed bump in the road to modernizing the U.S. payment system.
February 12 -
American Express, the biggest U.S. credit-card issuer by customer purchases, said its co-brand and merchant agreements with Costco Wholesale in U.S. stores will end next year.
February 12 -
ApplePie Capital, a new marketplace lender that specializes in lending to franchises, has officially opened for business.
February 12 -
First Green Bancorp in Mount Dora, Fla., has raised nearly $14 million through a private placement.
February 12 -
Citi has formed a digital marketing alliance with online real estate marketplace Zillow in a bid to reach more customers in the financial services company's priority cities, the company announced Feb. 10.
February 11 -
Bank of the Ozarks in Little Rock, Ark., and WesBanco in Wheeling, W.Va., each completed acquisitions this week.
February 11 -
The FDIC welcomed seven new members to a committee on Wednesday that will provide recommendations on policy and regulatory issues affecting community banks.
February 11



