Bankers, technology executives and other experts weigh in on why financial companies are struggling to deploy the massive amounts of information they collect on their customers – and what they can do to improve.

The people behind a Southern California-based debt collection operation also will pay $4 million to settle the case against them.

Before the FSOC or other agencies start to impose capital requirements on nonbank financial companies, let's make sure we understand the business models and the risks that these firms actually take.

A task force of state and federal authorities set up in 2012 to probe the mortgage-bond sales that fueled the financial crisis has "more than a dozen ongoing investigations," Michael P. Stephens, the acting inspector general for the Federal Housing Finance Agency, said.

American Banker's Index of Banking Activity posted its second-highest reading in March, buoyed by renewed consumer demand, better weather and banker optimism.

Eight community banks have transferred their shares to a new trading platform operated by OTC Markets Group in a bid to increase visibility for their stocks.

The First Bancorp (FNLC) in Damariscotta, Maine, announced that its chief executive is retiring early next year and will be replaced by its chief operating officer.

The case against a South Dakota-based payday lending operation is wrapping up in New York state. The operation claimed to be affiliated with a Native American tribe in an attempt to avoid legal action.

If banks and supervisors are serious about achieving regulatory excellence, they need to make the people in charge of product lines take ownership of compliance.

Car loan debt continues to rise as more and more Americans are trading in old cars for new ones, according to a report released Monday from TransUnion.

Solera National Bancorp (SLRK) in Lakewood, Colo., said it is willing to negotiate with an activist investor on filling some board seats.

Mortgage servicers and troubled homeowners may be losing faith that Congress will pass legislation saving borrowers from paying a tax penalty when they do a short sale.

Compared with its annual meeting last year, and to some of its peers' meetings this year, JPMorgan Chase (JPM) sailed through a relatively sedate meeting of shareholders Tuesday.

The Federal Reserve Board has terminated a cease-and-desist order against Central Federal (CFBK) in Worthington, Ohio.

The Puerto Rican company is looking to shore up its capital levels after the FDIC invalidated about 40% of its Tier 1 capital. Management will have plenty of challenges as it looks to fill the capital hole.

Meridian Bancorp (EBSB), the newly formed bank holding company for East Boston Savings Bank, could raise at least $233 million and as much as $364 million in its upcoming public offering.

Banks' have a new worry on the payday lending front besides the government's Operation Choke Point: lawsuits filed by consumers. Eleven financial institutions been hit with private suits that accuse them of helping online payday lenders break the law.

New York regulator Benjamin Lawksy plans to expand an investigation into the affiliated businesses of nonbank servicers and to eliminate several layers of review for mortgage bankers to apply for a license or a new branch location.

The National Consumer Law Center on Monday sued the U.S. Department of Education as a result of the agency refusing to hand over documents detailing how the federal government awards bonuses to collection agencies it hires to pursue defaulted student loans.

There are a lot of great programs aimed at helping low-income people improve their financial circumstances. One problem: figuring out how to connect with them in the first place.