Consumer banking
Consumer banking
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Boards at community banks are being asked to have greater oversight of cybersecurity issues as data breaches continue to mount. The challenge is balancing such work with other demands.
August 27 -
Consumers indicated in August that they are more optimistic about the state of the economy even as they show concerns about the prospects for wage growth, according to the The Conference Board.
August 27 -
Premier Financial in Huntington, W.Va., is planning to redeem preferred stock tied to the Troubled Asset Relief Program.
August 27 -
Congress should impose national data security standards on retailers in order to ward off cyberattacks and ensure the safekeeping of sensitive customer information, according to Carrie Hunt of the National Association of Federal Credit Unions.
August 27 -
The $184 billion-asset company said in a press release Wednesday that Ricky Brown had taken the reins at Branch Bank & Trust.
August 27 -
Flagstar Bancorp is negotiating with the Consumer Financial Protection Bureau over potential violations in the Troy, Mich., company's default servicing business.
August 27 -
Westpac New Zealand is upgrading its data centers, security infrastructure and software development as it seeks to quickly create products for mobile, wearable and other devices.
August 26 -
Citigroup will pay a $1.85 million fine and return more than $638,000 to customers after its securities unit failed to get the best prices for clients in about 22,000 trades over more than three years, the Financial Industry Regulatory Authority said Tuesday.
August 26 -
The Electronic Payments Association has stepped up scrutiny of its automated clearing house network in an attempt to weed out fraudulent charges.
August 26 -
Blackhawk Bancorp in Beloit, Wis., has a new president.
August 26 -
Sen. Richard Shelby isn't new to Banking Committee leadership, but he would face a crucial ticking clock if he returns as chairman of the panel next year.
August 26 -
Sound Community Bank in Seattle has acquired three branches on the Olympic Peninsula from Columbia Bank in Tacoma, Wash.
August 26 -
President Obama announced an initiative Tuesday with several large banks and mortgage servicers designed to make it easier for members of the military and their families to lower their mortgage payments.
August 26 -
A year ago, bank executives were taking a hard look at credit cards if they didn't offer one, they were seriously considering it; and if they already offered a card, they wanted to boost its profile. The moves have paid off with huge growth rates.
August 26 -
Capital Bancorp in Rockville, Md., has raised $5 million in senior debt financing. The $547 million-asset company obtained the financing only through local investors and without institutional investors, it said in a Tuesday press release.
August 26 -
Online electronics retailer Newegg is now accepting bitcoin payments from Canadian customers.
August 26 -
Many active-duty service members are unaware that they are eligible to postpone mortgage payments under the Servicemembers Civil Relief Act. A group of major financial services companies have pledged to improve communication about this option, according to the Financial Services Roundtable's Tim Pawlenty and John Dalton.
August 26 -
Customers Bancorp in Wyomissing, Pa., disclosed that regulators may not take action against it for alleged non-compliance with certain laws.
August 26 -
Equifax Inc. economists take an in-depth look at the highly publicized notion that subprime auto lending is creating the next bubble.
August 26



