Consumer banking
Consumer banking
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TIO Networks has secured a patent that allows the bill payment processor to conduct change-based transactions on reverse automated teller machines.
November 26 -
Diebold reached an agreement with Banco del Pacifico to deploy automated teller machines in Ecuador.
November 26 -
First Foundation Bank in Irvine, Calif., has agreed to buy Pacific Rim Bank in Honolulu.
November 26 -
Account Control Technology Inc. has donated to Susan G. Komen, a nonprofit organization that works to end breast cancer in the U.S. and throughout the world by supporting research, community health outreach, advocacy and programs in more than 30 countries.
November 26 -
Two community banks recently were permitted to transfer cash to their holding companies. It could be a sign that regulators are changing their attitudes toward such payments now that banks have healthier capital levels.
November 25 -
Bank of Bird-in-Hand in Pennsylvania has hired a president and chief executive.
November 25 -
Liberty Bell Bank in Marlton, N.J., has appointed a new chief executive as it continues to work through credit issues.
November 25 -
After years of shedding debt, consumers are relying more on nonhousing credit to increase their purchasing power, according to a report from the New York Fed.
November 25 -
The Federal Reserve said it plans to oversee General Electric Co.'s finance unit in a similar manner to the way it supervises large bank-holding companies.
November 25 -
Fannie Mae and Freddie Mac will let borrowers who have gone through foreclosure buy back their homes at market prices under a policy shift announced by the regulator for the two U.S.-owned companies.
November 25 -
FDIC third quarter report shows pop in loan buybacks and indemnifications.
November 25 -
The billionaire investor George Soros is in talks to throw his support behind the peer-to-peer finance industry, which is increasingly leaning on traditional capital sources to lower its costs of funding.
November 25 -
University Bancorp in Ann Arbor, Mich., agreed to acquire the 20% stake in Midwest Loan Services that it doesn't already own for about $3.1 million in stock, cash and other considerations.
November 25 -
Banks and thrifts earned $38.7 billion in the third quarter, a 7.3% increase from a year earlier but slightly down from the $40.1 billion earned in the second quarter, the Federal Deposit Insurance Corp. said Tuesday.
November 25 -
Millennials frequent independent coffee shops and farmers markets, so it stands to reason they'll see the appeal in community banks. Meanwhile, smaller lenders can court young people by appealing to their entrepreneurial spirit.
November 25 -
Complaints against debt collection companies logged with the Consumer Financial Protection Bureau rose in October, as did lawsuits citing alleged violations of the Fair Debt Collection Practices Act and Fair Credit Reporting Act.
November 25 -
Growing income inequality is said to be a major reason most consumers plan to spend the same or less than last year on holiday shopping, and it could hurt bank and credit union revenues in the fourth quarter and present them other long-term challenges.
November 24 -
In Bangladesh, the microfinance pioneer operates as profitable bank. But the U.S. arm, which lacks a banking license, is pursuing a different strategy.
November 24 -
Anchor Bank in Lacey, Wash., has been released from a state regulatory order.
November 24 -
With new bank chartering at a standstill, the Federal Deposit Insurance Corp. has issued new guidance on de novo capital requirements and other issues in part to "demystify the application process."
November 24



