Consumer banking
Consumer banking
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ATM manufacturer Diebold Inc. has developed technology to centralize its ATMs’ computing power, thereby improving security and cutting ATM-maintenance costs for clients.
August 30 -
The average U.S. bankcard charge-off rate dropped sharply in June, registering the second-largest monthly decline since the Bankruptcy Reform Act took effect in 2005, according to the latest data from Fitch Ratings Inc.
August 30 -
U.S. Bancorp asked a New York court to force Bank of America Corp.'s Countrywide Financial unit to repurchase more than 4,000 loans in a mortgage pool to repair breaches of contract related to improper underwriting.
August 30 -
Fresh off its initial public offering of common stock, real estate listing and mortgage rate search website company Zillow posted its first ever quarterly profit since its launch in 2006.
August 30 -
Airlines are investing in technology improve security in an area TSA checkpoints don't cover: credit card fraud.
August 30 -
Waccamaw Bankshares Inc. in Whiteville, N.C., has until late September to file certain financial statements with the Securities and Exchange or else its thinly traded stock could be removed from the Nasdaq exchange.
August 30 -
As part of its ongoing effort to bolster its capital base, embattled Capitol Bancorp Ltd. is selling its ownership stake in an Ohio bank it co-founded to a group of local investors.
August 30 -
MidSouth Bancorp Inc. said Tuesday it will buy First Louisiana National Bank for $11.5 million in cash and 725,000 shares of common stock.
August 30 -
Fannie Mae has agreed to settle multimillion-dollar claims brought by several of the biggest victims of the massive CU National Mortgage scandal, more than two years after the fraud brought down the largest independent mortgage wholesale provider to credit unions.
August 29 -
BROCKTON, Mass. – Boston Bruins Stanley Cup-winning defenseman Dennis Seidenberg is scheduled to appear at the grand opening of Crescent CU’s newest branch here Sept. 10.
August 29 -
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Emdeon Inc. plans to secure a $1.2 billion covenant-lite term loan to help finance its $3 billion buyout by Blackstone Group.
August 29 -
The National Association of Realtors' leading indicator of future home sales slipped 1.3% in July, after rising the two previous months, which does not bode well for closings in August and September.
August 29 -
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Branch automation, smartphones, and social media enable a new level of service on the fly. But there's still room for more innovation, as GPS and other mobile technology expands.
August 29 -
Banks seemed to dodge the projected worst-case scenarios outlined for Irene due to a lighter punch from the storm and extensive contingency plans from management teams at banks from North Carolina to Maine.
August 29 -
Private equity firms and hedge funds are forcing the banks they invest in to clean up problem loans, and it's starting to show in the data.
August 29 -
Comerica is eliminating roughly 300 jobs in Houston in connection with its July acquisition of Sterling Bancshares.
August 29 -
Loans or other investments that "revitalize or stabilize federally designated disaster areas" could help boost banks' scores on Community Reinvestment Act exams, the FDIC said in a letter to institutions.
August 29 -
Deposits have hit their highest level in history despite efforts by banks to aggressively lower rates. Some are looking at new charges despite the risk of losing customers.
August 29




