Consumer banking
Consumer banking
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Mortgage delinquencies are likely to fall in 2014 as late payments on credit cards rise, according to an annual forecast from TransUnion.
December 12 -
BBX Capital in Florida, which sold BankAtlantic to BB&T last year, has added Hoffman's Chocolates to its wide-ranging holdings.
December 12 -
Banks may want to think twice before introducing new fees and increasing charges, according to a new survey from MoneyRates.com.
December 12 -
Croghan Bancshares (CHBH) in Fremont, Ohio, has bought Indebancorp in Oak Harbor.
December 12 -
Credit card delinquency rates are expected to rise nearly 10% from 1.51% in Q4 2013 to 1.66% in Q4 2014, according to TransUnion, which also released mortgage delinquency rate forecasts.
December 12 -
Thousands of consumers scammed by Nevada-based payment processor Automated Electronic Checking (AEC) Inc. will get some of their money back as a result of a lawsuit and settlement reached with the Federal Trade Commission.
December 12 -
BankUnited (BKU) in Miami Lakes, Fla., has promoted Mark Bagnoli to become its chief risk officer.
December 12 -
The challenge of how to responsibly extend small-dollar credit can be met, and it starts with knowing the needs of the borrower.
December 12 -
Banks' reputations have started to recover from the beating they took after the financial crisis, according to several recent surveys. American Banker reporters discuss how better technology has helped banks' customer satisfaction levels return to pre-crisis levels, despite ongoing reputational issues for some of the biggest banks.
December 12 -
Consumer spending growth slowed in November despite strong holiday retail sales on Thanksgiving and the next day, according to First Data Corp., a global payments processing and electronic commerce company.
December 12 -
Coinbase Inc., a provider of online Bitcoin accounts and transaction services, raised $25 million in funding led by Andreessen Horowitz.
December 12 -
A grocery chain's decision to shutter its Chicago stores will reportedly shrink JPMorgan Chase's (JPM) branch count in the city by 12%.
December 12 -
The issues Google solves with KitKat were among its biggest hurdles, but it's still too soon to declare a winner in the mobile wallet race.
December 12 -
JPMorgan Chase, the target of multiple Justice Department investigations, tentatively agreed to pay about $2 billion to resolve probes into whether it ignored warning signs about Bernard Madoff's crimes, according to a person briefed on the matter.
December 12 -
Pacific Mercantile Bancorp (PMBC) in Costa Mesa, Calif., is getting out of the mortgage business to focus on business banking.
December 12 -
The bold-faced names of government, technology and finance have jumped into peer-to-peer lending, one of the fastest-growing - and buzziest - new segments of financial services, led by players like Lending Club and Prosper. Here are some of the celebrities who have decided to embrace peer-to-peer lending.
December 12 -
Northwest Bancorp. (NBCT) in Spokane, Wash., has raised $12.5 million after selling common stock and issuing subordinated notes and warrants.
December 12 -
The several wearable computing rings being developed have been well-received, but the small devices could have hardware limitations that keep them from widespread use as a payments tool.
December 12 -
The Consumer Financial Protection Bureau is taking a strong stance against lenders that use contract clauses that block consumers from going to court in a report due out Thursday that will likely lead to new regulations.
December 12 -
EverBank (EVER) in Jacksonville, Fla., is laying off 302 employees, or about 7% of its workforce, as it quits the business of servicing defaulted home loans.
December 11




