Consumer banking
Consumer banking
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After years of largely standing on the sidelines, lawmakers are taking a closer look at whether algorithms used by banks and fintechs to make lending decisions could make discrimination worse instead of better.
June 26 -
First American Bank agreed to sell its Iowa branches to GreenState just weeks after arranging the transfer of its Florida locations to another credit union.
June 26 -
Credit unions can prepare for the next recession by understanding past cycles, utilizing modern technology and training staff.
June 26 -
Besides the Iowa branch deal, First American Bank is also selling certain assets and liabilities in Florida in a previously announced transaction.
June 26 -
Credit unions and the rest of the financial services sector, in the spirit of recent criminal justice reform, should be more open to hiring workers with low-level criminal convictions.
June 26 -
Valley, which had focused on Florida in recent years, will double its market share in Bergen County with the $740 million acquisition.
June 26 -
Ken Lehman recently bought a block of shares in Village Bank & Trust Financial.
June 26 -
Offering secured credit cards can help a credit union build loyalty with members but this product line can be difficult to successfully manage.
June 26 -
While other industries reversed their previous downward trend, perceptions of the banking industry continue to get worse. Here are some steps banks can take to try to burnish their reputations.
June 25 -
Moebs Services attributed the falling revenue to higher overdraft fees being charged to consumers.
June 25 -
"We're going right at Bank of America, folks, in Charlotte, their hometown," JPMorgan Chase CEO Jamie Dimon said to cheers and laughter at a branch opening in midtown Manhattan. "We've been waiting a long time to start the expansion of Chase retail."
June 25 -
Brad Goedken wants agreements for HarborOne Bancorp to include better protections, such as cost reductions if a service fails.
June 25 -
The number of minority depository institution charters is declining even as their financial performance is going up, according to a new study by the FDIC.
June 25 -
Many people still distrust banks, but many also look askance at the social media giant, making it an unlikely savior of the unbanked.
June 25 -
The biggest challenge for credit union acquirers involves retaining commercial customers at the banks they buy. That's why constant communication, and having more commercial products and services, matter.
June 25 -
As lawmakers meet this week to discuss artificial intelligence, they should work with regulators to create universal and workable definitions.
June 25 -
The ATM manufacturer has added mobile banking integration, document signing, biometric authentication, video banking and a cash recycler to its DN Series.
June 25 -
Bruce Van Saun, CEO, shares details of the new digital channels the bank is building for consumers and small-business customers.
June 25 -
Nearly half the nation's state regulators have agreed to a new multistate licensing business for money servicers, including fintechs.
June 24 -
At the recent Digital Banking conference, a pair of credit union executives offered insights into how the shift toward digital services has impacted their branching strategy and vice versa.
June 24






















