Consumer banking
Consumer banking
-
ACA International late Thursday said the Consumer Financial Protection Bureaus report on debt collection complaints misses several key points.
March 20 -
Amazon.com was the virtual guest of honor this month at the Retail Banking 2014 conference. Top bank executives repeatedly cited the Internet giant's success at using data and technology to better serve and profit from customers.
March 20 -
The Consumer Financial Protection Bureau released a report Thursday on collection enforcement actions it took in 2013 and discussing the 30,000 consumer complaints it has received about collections since it began accepting them last July.
March 20 -
Alfred DelliBovi, the head of the Federal Home Loan Bank of New York and a lion of housing finance, submitted his resignation Thursday after 21 years as president.
March 20 -
Think M&A in Illinois is out of gas? Call AAA. Auto Club Group, one of the many AAA clubs across the country, has agreed to buy the $465 million-asset National Bancorp in Sycamore, Ill.
March 20 -
The ATM maker Diebold has deployed a machine at Diebold Federal Credit Union that operates without a card reader or PIN pad.
March 20 -
T-Mobile's flexible pricing strategy is forcing its major telecommunications competitors to change. Bankers should take note, given the carriers recent foray into financial services.
March 20 -
WASHINGTON The Consumer Financial Protection Bureau released a report Thursday showing consumers are being "hounded" by debt collectors, adding more fuel to the fire in the agency's efforts to crack down on the industry's bad actors.
March 20 -
Big banks' huge settlements and other legal headaches have grabbed headlines for months, but now it's regional banks' turn. Several regionals have upped their estimated legal exposures as probes and lawsuits continue to surface.
March 20 -
The company runs a quarterly competition where the public votes for their favorite charity. The winning nonprofit receives $5,000.
March 20 -
LoanPoint USA has agreed to forgive hundreds of thousands of dollars in debt in a Montana class-action lawsuit settlement.
March 20 -
Cabot Credit Management, a United Kingdom and Ireland-based debt buyer, posted a 13 percent jump in revenue for 2013, attributing much of the growth to purchasing semi-performing portfolios that tend to have a "longer annuity stream" for collections.
March 20 -
Bankers should view complaints on sites like Facebook and Twitter as an opportunity to publicly score points with customers.
March 20 -
The fraud-fighting EMV chips that are a card-industry standard in Europe finally appear to be on the verge of becoming one in the U.S. Editors discuss why now and what the diffusion of the technology will mean for bankers and merchants.
March 20 -
Fewer Americans are saving for retirement and those who do set aside funds for their golden years are saving less.
March 20 -
As the peer-to-peer lender moves beyond its roots in personal loans, it joins a crowded field of online firms that are targeting small businesses.
March 20 - Tennessee
A SunTrust Banks (STI) branch in Chattanooga, Tenn., isn't failing, but the ground beneath it is.
March 19 -
CITBA Financial (CBAF) in Mooresville, Ind., has terminated its proposed merger with Merchants Bancorp in Carmel. CITBA said Wednesday that it decided to terminate the deal because of delays obtaining regulatory approval.
March 19 -
Brookline Bancorp (BRKL) in Boston has named Carl Carlson chief financial officer and treasurer. He will start April 1, the company said in a press release Wednesday. Carlson succeeds Julie Gerschick, who resigned Dec. 31.
March 19 -
For the first time since the financial crisis of 2008, consumers across the country are prioritizing their mortgages ahead of their credit card payments, according to TransUnion.
March 19




