Consumer banking
Consumer banking
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Equifax Inc. reported third-quarter profit jumped 11% as revenue increased 7%, with earnings excluding items slightly above a July projection.
October 23 -
Timberline Financial, a New York debt relief company, announces that Teresa Dodson, senior vice president, will moderate a panel discussion next week of accounts receivable management industry executives on the topic of improving the liquidation of Cease and Desist collection accounts.
October 23 -
Susquehanna Bancshares in Lititz, Pa., reported lower quarterly profit after its net interest margin compressed.
October 23 -
Peoples Financial reported a quarterly loss after two bad loans put a crater in the Biloxi, Miss., company's bottom line.
October 23 -
Heartland Financial USA in Dubuque, Iowa, has agreed to buy Community Banc-Corp of Sheboygan in Wisconsin.
October 23 -
Texas Capital Bancshares in Dallas reported an increase in third-quarter earnings, as higher lending compensated for lower yields.
October 23 -
DBA International has announced the first certified collection law firm under its expanded certification program.
October 23 -
ATMs are an important component of the move to EMV chip payment technology in the U.S.
October 23 -
Heightened U.S. regulatory scrutiny of leveraged lending is leading the biggest banks to back away from funding some takeovers financed by debt, creating an opportunity for smaller competitors to step in.
October 22 -
WASHINGTON Mortgage lenders will have 210 days to fix errors in their calculations of points and fees and reimburse borrowers for any overages under a final rule issued by the Consumer Financial Protection Bureau.
October 22 -
The payments company and big-bank trade group plans to create a ubiquitous, real-time payment system over the coming years, supplementing the push for same-day settlement of ACH transactions.
October 22 -
Flagstar Bank lost $27.6 million in the third quarter, driven by a Consumer Financial Protection Bureau penalty of $37.5 million, the Troy, Mich., lender said Wednesday.
October 22 -
WASHINGTON The Federal Reserve Board and Securities and Exchange Commission on Wednesday both signed off on an interagency rule requiring securitizers to hold 5% of the credit risk on loans sold to investors.
October 22 -
Union First Market Bankshares in Richmond, Va., is seeing the benefits of its acquisition of StellarOne in Charlottesville, Va.
October 22 -
Richard Davis, the head of U.S. Bancorp, is generally known for conservative, reliable guidance, but he is sticking by his rosy forecast for 2015 despite an economy with a lot of question marks and his bank's flat third-quarter performance.
October 22 -
San Diego Private Bank has agreed to buy all the loans and deposits of First Security Business Bank in Orange, Calif.
October 22 -
Discover Financial Services plans to make it easier for its credit card users to redeem their cash rewards points, the latest salvo in the industry-wide competition to lure customers with more generous perks.
October 22 - Illinois
Northern Trust in Chicago reported slightly lower third-quarter profits, as an increase in fee-based income was offset by higher operating expenses.
October 22 -
New York banking regulator Benjamin Lawsky's latest crackdown on Ocwen Financial may undo Ocwen's deal to buy billions of dollars of mortgage-servicing rights from Wells Fargo, and it could complicate similar deals involving other banks and servicers.
October 22 -
First Midwest Bancorp in Itasca, Ill., reported a significant decline in quarterly earnings on costs tied to two acquisitions.
October 22


