Consumer banking
Consumer banking
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Date, now a venture capitalist, worked with the lending software company's CEO, Dan O'Malley, at Capital One in the 2000s.
November 28 -
The company will pay $64 million in cash and stock for First Beeville Financial.
November 28 -
Through timely investments, opportunistic dealmaking and a laser focus on employee engagement, Turner has Wilmington, Del.-based WSFS on the cusp of becoming a regional power.
November 27 -
Michael Daly's resignation may have been precipitated by an anonymous letter last month describing the workplace as “toxic” and in dire need of change.
November 27 -
Stephen Gordon, who led the bank's recapitalization in 2010, is being replaced as CEO on an interim basis by former FirstMerit CEO Paul Grieg.
November 27 -
As U.S. banks move toward faster payments, they should heed the lessons U.K. banks learned about criminals after launching their real-time transaction system, says Varo Money's fraud strategy leader.
November 27 -
The Connecticut regional bank will pay $327 million for the parent of Belmont Savings Bank.
November 27 -
Miners of the digital currency are losing interest, which could lead to more price declines; scandal-scarred banks among those that endorse Principles for Responsible Banking.
November 27 -
State Bank’s Evans started off his banking career by offering cold cans of soda to farmers in the field in the hopes of earning their business. Five decades on, he's widely known in banking circles for his prowess in building high-performing community banks and selling them for top dollar.
November 26 -
Michael Daly had been the Boston company's president and CEO since 2002. It did not say why he left.
November 26 -
John Corbett has known the leaders of National Commerce since he helped launch CenterState in 1999. It’s a big reason CenterState is breaking from tradition to hire those executives once it buys the Alabama bank.
November 26 -
Nexos National Bank would be led by Gordon Baird, a former Citi executive. A former New York banking commissioner is set to join the proposed bank's board.
November 26 -
Minorities are still charged more for mortgages when all other applicable credit factors are equal — both in person and online, according to a new study by the University of California, Berkeley.
November 26 -
Traditional institutions shouldn’t just develop stand-alone online banks on top of existing infrastructure. They’d be best served building these “parallel” banks from the ground up.
November 26 -
The Florida company will have more than $16 billion in assets, along with increased scale in Georgia, when it buys National Commerce.
November 26 -
Cash recyclers have their place in a branch. But other solutions may help credit unions save time and money when processing large transactions.
November 26 -
Unlike online lenders, banks are focusing primarily on consumers with solid credit scores. But unsecured loans to prime borrowers have a limited track record, so it’s hard to predict how they’ll perform when the economy inevitably weakens.
November 22 -
Scott Custer is set to become chairman of Dogwood State Bank, a proposed North Carolina de novo.
November 21 -
Bank groups are pushing a variety of proposals to delay the loan-loss rule or soften its impact. The accounting standards board has agreed to review at least one of them — but at a pace that might not be fast enough for lenders.
November 21 -
The Michigan company has committed $50,000 to the partnership over the next two years amid a big push to modernize its product and service offerings.
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