Consumer banking
Consumer banking
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Steven Antonakes, the Consumer Financial Protection Bureau's deputy director, recalled how people's interest in what regulators do grew in 2008.
March 14 -
While the Department of Education has developed tools for overseeing collection agencies that it works with to find borrowers and explain repayment options, key weaknesses have limited its ability to properly monitor agency performance, according to a Government Accountability Office report on federal student loans.
March 14 -
The Federal Reserve Bank of New York has terminated a regulatory agreement with Intervest Bancshares (IBCA), declaring that the New York City company has satisfied all the provisions of the pact.
March 14 -
American Banker held its Retail Banking 2014 conference in Orlando, FL this week. Here, in tweets, are a few of its takeaways.
March 14 -
Bankers are increasingly spending time and money upgrading technology to cut other costs and meet demand for mobile and online banking. But even as they buy online startups like Simple, or build their own systems, bankers at American Banker's Retail Banking 2014 conference said the feel they cannot stop investing in traditional branches.
March 14 -
You might expect Manolo Sanchez, the CEO of BBVA Compass, to renounce traditional branches since his bank is spending $117 million on the online-only startup Simple. But he joined other senior bank executives in defending the branch as "still relevant."
March 14 -
ACA International has filed comments with the Federal Communications Commission in support of United Healthcare Services Inc.'s petition seeking to address mobile phone number reassignment issues under the Telephone Consumer Protection Act.
March 14 -
The DBA International Board of Directors and Certification Council have adopted version 2.0 of its Debt Buyer Certification Program.
March 13 -
The Senate passed revised legislation Thursday that would delay increases in flood insurance premiums, following the House's vote advancing the bill last week.
March 13 -
East River Bank has started using hipper images in its advertising to reflect and connect with its young, urban customer base.
March 13 -
There's a new Bitcoin wallet and vault provider in town, Xapo, launched by payments veteran Wences Casares with $20 million in funding from investors.
March 13 -
The New York State Department of Financial Services has launched a website that offers advice and fraud-prevention services to college students.
March 13 -
Community West Bancshares (CWBC) in Goleta, Calif., has been freed from a written agreement with the Federal Reserve Bank of San Francisco.
March 13 -
Three companies control banking in Hawaii, but they acknowledge that their dominant position could be coming to an end as the local economy changes and mainland banks can use online services to more easily compete from a distance.
March 13 -
The Treasury Department has directed mortgage servicers to notify borrowers 120 days in advance of upcoming increases in monthly payments on loans previously reworked through the Home Affordable Modification Program.
March 13 -
Ally Financial announced a shuffling Wednesday at the top of its dealer financial services business.
March 13 -
Those who wanted to greatly expand the power of government over the financial sector, especially to expand the discretionary power of unelected agencies, took full advantage of the opportunity.
March 13 -
General Electric Co. plans to seek as much as $3.5 billion in the initial public offering of its North American consumer-lending business, now called Synchrony Financial.
March 13 -
A trio of mutual thrifts have filed paperwork to sell a total of $350 million in stock as part of planned conversions to stock companies.
March 13 -
The $3.7 billion-asset company filed a registration form with the Federal Deposit Insurance Corp. on March 10 for an initial public offering.
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