Consumer banking
Consumer banking
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Avalara Inc. has launched a Bitcoin module for its AvaTax compliance engine to help merchants who accept Bitcoin manage their taxes.
May 22 -
Bankruptcy filings helped delinquent homeowners reduce the likelihood of a foreclosure auction by 70%, researchers have found.
May 22 -
The controversial Benham brothers blasted SunTrust for canning them as foreclosed-property vendors because they made anti-gay comments, but then the Atlanta bank said it was a misunderstanding and reinstated them. Now, they are trying to turn their 15 minutes of fame into a new business enterprise.
May 22 -
More community banks have begun offering SBA loans nationwide, a smart strategy given improving demand and double-digit premiums in the secondary loan market. Banks moving into far-flung territories have determined that they need highly targeted strategies to be successful as well as methods for minimizing risk.
May 22 - Virginia
Eastern Virginia Bankshares (EVBS) of Tappahannock, Va., said Thursday that it intends to repay $15 million of its Troubled Asset Relief Program aid by late in the second quarter.
May 22 -
David Malone, former CEO of Community Bank in Pasadena, Calif., was appointed to BBCN's board, which expanded to 11 members.
May 22 -
JPMorgan Chase and Wells Fargo are retaining more high-quality, conforming mortgages that they would normally sell to Fannie Mae or Freddie Mac, raising concerns that the banks are adversely selecting the weakest loans for the government-sponsored enterprises.
May 22 -
A report released Thursday by the Consumer Financial Protection Bureau highlights illegal actions the agency has uncovered from overseeing the collections, consumer reporting and payday lending markets.
May 22 -
Robocoin is installing a Bitcoin ATM in Las Vegas at the D casino hotel, enabling visitors to deposit funds to a Bitcoin wallet in person.
May 22 -
The 2009 law that restricts a range of fees and practices has become the devil you know for the credit card industry.
May 22 -
When women reject or reframe career-limiting assumptions, they are able to get ahead at their jobs without sacrificing having a family.
May 22 -
Community 1st Bank (CFBN) of Auburn, Calif., shuffled its executive team on Thursday after re-appointing Robert C. Haydon, the bank president and chief executive officer, as board chairman.
May 22 -
Arrow Global, a United Kingdom-based buyer of delinquent debt from credit card companies and banks, reported strong Q1 collections on purchased loan portfolios.
May 22 -
DebtX, on behalf of SEBA Professional Services LLC, will sell a $4.8 billion portfolio of non-performing residential loans in June for the U.S. Department of Housing and Urban Development.
May 22 -
First Savings Bank (FSFG) in Clarksville, Ind., is switching charters as part of a broader plan to expand its commercial banking business.
May 22 -
Toronto-Dominion Bank and Royal Bank of Canada, the country's two largest lenders by assets, posted second-quarter results that beat analysts' estimates as gains from consumer banking and wealth management lifted earnings.
May 22 -
Banks have tried to change tellers' skill sets without changing the type of people they hire. They need to recruit sales-minded employees and incentivize them with better pay and clearer career paths.
May 22 -
New York banking regulator Benjamin Lawsky said Wednesday his office will investigate claims that Ocwen Financial Corp. (OCN) and other servicers require distressed borrowers to sign nondisclosure agreements in order to receive mortgage modifications.
May 21 -
Hampton Roads Bankshares (HMPR) is launching a marine financing unit for its subsidiary Shore Bank.
May 21 -
M&T Bank (MTB) of Buffalo, N.Y., has committed $60 million to keep its name atop the Baltimore Ravens' football stadium for at least another 13 years.
May 21



