Consumer banking
Consumer banking
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The Seattle company, which has cut about 130 positions in the business in recent months, pointed to lower originations tied to a shortage of new and resale housing.
October 2 -
The Western Independent Bankers will continue to offer conference and educational services as a division of the California Bankers Association.
October 2 -
The Federal Reserve's nationwide preparedness plan for cash emergencies is being put to a unique test in Puerto Rico. Stocks are being replenished with daily flights, but the lack of power to ATMs and branches is contributing to reports of cash shortages.
October 2 -
The workers who have been brought back do not include any of the more than 5,000 employees who were fired for alleged misconduct, according to the company.
October 2 -
The NCUA is proposing a special payout of up to $800 million to credit unions next year, which may boost lending. Banks were uncharacteristically silent on the plan.
October 2 -
On Jun. 30, 2017. Dollars in thousands.
October 2 -
On Jun. 30, 2017. Dollars in thousands.
October 2 -
The explosion of interest in digital assets this year, and the multiplying of their market value, are making cryptocurrency debit cards newly attractive. Banks could partner with intermediaries or issue the cards directly, but obstacles remain before that day can arrive.
October 2 -
The Dallas subprime auto lender named Juan Carlos Alvarez de Soto CFO on Friday. He succeeded Ismail Dawood, who had been CFO since December 2015 after working at Bank of New York Mellon.
October 2 -
Another look at how credit unions are making a difference in the lives of those they serve.
September 29 -
Ocwen Financial reached a settlement with 10 states under which it can't acquire servicing rights for eight months but will not face any financial penalties.
September 29 -
With baby boomers moving into retirement and many young folks eschewing careers in banking, the industry could soon be facing a talent shortage. Are more banking degree programs the answer?
September 29 -
Tim Welsh has spent his first two months on the job thinking about how to make U.S. Bank as central to consumers’ lives as Amazon, develop new personal financial management services, and expand into new cities.
September 29 -
The company would not say where the jobs are based or how many positions are being eliminated. The layoffs come as Capital One's investments in digital technology are yielding efficiency gains.
September 29 -
Washington Federal is the latest bank to pull an application after being flagged for insufficient Bank Secrecy Act compliance.
September 29 -
Citi’s innovation leader, Yolande Piazza, envisions reinventing the way the bank interacts with customers, so that it is part of their daily lives — always present, always intuitively easy and always helpful.
September 29 -
After years of traditional job shadowing, a new initiative gives back office staff a taste of the challenges associated with member-facing positions.
September 29 -
Stephen Sessler, the director of mortgage banking at the $4 billion-asset Camden National Bank, provides other lenders a peek at the benefits and pitfalls of digital mortgages.
September 29 -
Wondering who is new to the rankings of the Most Powerful Women in Banking and Finance? Here’s an overview of the changes. Plus we recap all of the stories so far, including the top team winners, a feature on CIT Group’s Ellen Alemany, and New York regulator Maria Vullo’s op-ed on the Fearless Girl statue.
September 29 -
The first-of-its-kind study was an acknowledgment that as consumers rely more on digital banking channels, the nation's largest banks are competing more against each other and less against smaller institutions.
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