Consumer banking
Consumer banking
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The Consumer Financial Protection Bureau will hold a field hearing on medical debt collections at noon, EST on Dec. 11 in Oklahoma City.
December 2 -
The Bancorp in Wilmington, Del., will have a new chief executive next year.
December 2 -
Account Control Technology Inc. has been recognized as the No. 1 private collection agency on the U.S. Department of Education's unrestricted contract for the quarter ending September 30.
December 2 -
In South Africa, debt collectors have been dealt a major setback with new legislation requiring that any debt more than three years old cannot be pursued for collections.
December 2 -
Seacoast Commerce Bank in San Diego has created a new holding company.
December 2 -
Customers Bancorp in Wyomissing, Pa., has increased its earnings estimates for 2014 and 2015 based on changes in its technology strategy.
December 2 -
Mandatory retirement ages and term limits can backfire by forcing out board members with badly needed skills. It's better for boards to take the necessary, though socially uncomfortable, step of convincing underperforming directors to leave.
December 2 -
The investment banking firm Sterne Agee & Leach recently studied 16 bank mergers that involve sellers with market capitalizations of $100 million to $5 billion. The sellers share a number of characteristics in common. Here are seven important ones.
December 2 -
Bitcoin wallet providers have had a touchy relationship with prepaid cards. But whether or not these companies care about plastic, they should care about how the Consumer Financial Protection Bureau's prepaid proposal affects them.
December 2 -
Stilwell Group has terminated a standstill agreement reached with Malvern Bancorp in Paoli, Pa., saying it was no longer necessary after meeting with Malvern's new CEO, Anthony Weagley.
December 1 -
A new partnership between Toronto-Dominion Bank and tech firm Moven underscores how banks are beginning to embrace the idea of personal financial management services for their mobile apps.
December 1 -
A recent report from Sterne Agee included a list of banks with similar traits to sellers in pending deals. Such traits, including aging CEOs and substandard returns, could portend future sellers.
December 1 -
The American Bankers Association has added 12 banks to community banks indexed and listed with the Nasdaq stock exchange.
December 1 -
Santander Holdings USA in Boston has named T. Timothy Ryan as chairman of the company and its Santander Bank subsidiary.
December 1 -
The pricing of auto loans through dealerships by Toyota Motor Credit Corp., the lending arm of Toyota Motors Corp., could lead to an enforcement action from U.S. authorities, the company said.
December 1 -
Regional banks have expanded credit card loan balances dramatically over the past year. For now, they seem content adding cards to existing customers' wallets. But one day, they might be tempted to take on the largest issuers.
December 1 -
Wells Fargo targets black and Latino borrowers for more costly home loans than their white counterparts in the Chicago area, helping to prolong a local and national foreclosure crisis, the biggest county in Illinois said.
December 1 -
Preventing and managing data breaches are two of the highest priorities facing businesses. To help executives plan ahead, Experian Data Breach Resolution has released its second annual Data Breach Industry Forecast, a white paper outlining key issues and trends to watch for in 2015.
December 1 -
The Justice Department and the Consumer Financial Protection Bureau are alleging that Toyota Motor Credit engaged in practices that resulted in discriminatory pricing of loans, according to a securities filing by the company.
December 1 -
A bipartisan group of 38 state attorneys general submitted comments asking the Federal Trade Commission to crack down on scammers who collect money from telemarketing victims.
December 1





