Lenders desperately want to make potentially lucrative home loans to those with less-than-stellar credit, but only a few are willing to try given legal uncertainties. Here's how a few are designing their products to get a jump on the competition.

Qiwi, a payment services company based in Moscow, has added self-serve kiosks in JSC Tander convenience stores across Russia.

Doral Financial in San Juan, Puerto Rico, has sold more loans in a move that will deplete capital but bolster the company's liquidity.

Western Union has added self-serve money transfer kiosks in Walgreens stores across the country.

Manufactured-home owners often pay higher interest rates for their loans than borrowers whose homes were built onsite, according to a report released Wednesday

FITCHBURG, Mass. — Workers' CU here is giving more than $2.5 million back to its members for the second consecutive year.

Doral Financial said the Federal Deposit Insurance Corp. has found it to be "significantly undercapitalized" and is requiring the company fix the problem immediately.

As the industry turns to online-only banking and partnerships with third-party retail distributors, it's getting harder to use geographical boundaries to define the communities that banks serve. That's why the CRA needs an update.

JPMorgan Chase lost a bid to block buyers of $10 billion worth of residential mortgage-backed securities it packaged in 2007 to proceed as a group with their lawsuit alleging the bank misled them.

HSBC Bank USA is expanding its loan program for small and midsize businesses that seek global growth.

Coinapult, a Bitcoin wallet startup based in Panama, has raised $775,000 in venture capital with backing from FirstMark and plans to use the funds to reach new markets.

Nearly two decades ago, Federal Reserve Bank of Boston's smart card program became a key means to eliminate the inefficiencies of cash use among military personnel. The payments industry has evolved substantially in that time, requiring the military smart card program to keep pace.

Somali-Americans who send cash home to their relatives can breathe a bit easier following the decision by Merchants Bank of California.

WASHINGTON — Loans for manufactured homes typically come with higher interest rates and fewer consumer protections than more conventional mortgages, the Consumer Financial Protection Bureau said Tuesday.

Community banks in the region are getting better, but the hunt for short-term income could bite them down the road, the Office of the Comptroller of the Currency said in its quarterly report.

Credit unions have shown that a chance to win a prize helps motivate consumers to save. However, U.S. regulations have stymied many banks from offering lottery-style savings programs, and efforts are increasing to make the necessary changes to federal and state laws.

By hiring former American Express executive Dan Schulman to lead an independent PayPal, the company is betting that his expertise — bringing innovation to a well-established international payments company — can ensure PayPal's survival.

Bank of America plans to issue chip-based debit cards to customers next month, signaling a resolution of the long-standing issues plaguing EMV debit card issuance in the U.S.

A former employee wants the company to look at a merger of equals or selling its wealth management operations to increase shareholder value. Management, meanwhile, wants to grow in a way that diversifies income and reduces risk.

The Seminole Tribe of Florida has agreed to buy Mackinac Savings Bank in Boynton Beach, Fla.