Consumer banking
Consumer banking
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New regulations under consideration by the Financial Conduct Authority (FCA) in the United Kingdom will drive up collection costs and hurt collection rates, according to an early finding from a study being released next month by FICO.
November 14 -
Directors at community banks could also face more liability as regulations, including the qualified mortgage rule, are implementing in coming months
November 14 -
Sandy Spring Bancorp (SASR) in Olney, Md., has named Ronda McDowell as chief credit officer of its bank.
November 14 -
U.S. consumers increased their debt in the third quarter by the largest amount since early 2008, the Federal Reserve Bank of New York said Thursday.
November 14 -
The Federal Deposit Insurance Corp. is seeking $6.3 million in damages from three former directors of the failed Progress Bank of Florida in Tampa.
November 14 -
Gyft, a mobile gift card provider, has launched a loyalty system that gives different levels of rewards based on the funding method, favoring alternatives over credit cards.
November 14 -
Beleaguered bank JPMorgan Chase (JPM) shot itself in the foot with its own Twitter hashtag on Wednesday afternoon, demonstrating the many potential pitfalls for banks and other big corporations that try to harness Twitter for their own purposes.
November 13 -
A number of roll-up companies were built for an M&A market characterized by a torrent of failed banks, a dearth of available capital and lots of sellers. Things turned out much differently. Here's how one company, National Bank Holdings, has adjusted.
November 13 -
A class-action settlement between Old Line Bancshares (OLBK) in Bowie, Md., and shareholders of WSB Holdings has been approved by the Maryland circuit court for Prince George's County.
November 13 -
The $680 million-asset company said Wednesday that it launched Bankwell Investment Services after hiring adviser Louis Czerwinski from First Niagara Investment Services.
November 13 -
The U.S. Department of Housing and Urban Development for the first time failed to sell some of the soured mortgages it's auctioning off in the wake of the housing crisis, according to four people with knowledge of the results.
November 13 -
The former president and chief executive of a failed bank in Savannah, Ga., has pleaded guilty to a conspiracy charge in a loan-fraud scheme.
November 13 -
The national mortgage delinquency rate continued its downward trend in the third quarter, dropping to 4.09% compared to 5.33% during the same period a year ago.
November 13 -
Credit unions are paying more for talent and getting more aggressive in lending, as bankers start to doubt whether policymakers will ever strip their foes' tax exemption.
November 13 -
PPL Corp., a utility company in Allentown, Pa., has entered into a $300 million revolving credit facility with 21 banks.
November 13 -
John Marshall Bank in Reston, Va., could raise $32.4 million in a public offering, according to newly released pricing information.
November 13 -
Average non-mortgage debt in Canada is rising at a relatively modest rate, according to a study by TransUnion. Low delinquency rates indicate that Canadians so far have been able to handle the increase.
November 13 -
If checks, a payment method that's hundreds of years old, can be updated for the Internet age, why can't America's four-decade-old electronic payments system? It's not for lack of trying.
November 13





