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The Pittsburgh-based company is no longer assessing NSF fees to customers whose accounts don't have enough money to cover certain transactions. It is the latest bank to revise portions of its overdraft policy amid a raging debate about the fairness of such charges.
August 12 -
Banks such as FNBO and Ally Financial have taken to the social media channel to appeal to younger customers.
August 12 -
An alternative metric might have led the Federal Reserve to take earlier action against rising prices.
August 12
Ludwig Advisors -
Marianne Lake, the company's co-chief executive officer of consumer and community banking, will serve a one-year term on the Federal Reserve Board's Federal Advisory Council. She represents the New York Fed.
August 11 -
The remittance provider claims the Consumer Financial Protection Bureau worked to ensure it could file the case in a venue that would be more receptive to its claims.
August 11 -
The two major tech firms were targeted in an intricate phishing scheme last week. One fended off the attack; the other was not so fortunate.
August 11 -
Jifiti is among the technology companies that want make it easier for retailers and banks to offer installment lending. The disruption caused by inflation and a hawkish Fed are combining to create an opportunity.
August 11 -
Education in financial literacy instills both know-how and confidence, knowledge most teens lack when transitioning into adulthood.
August 11 -
In another sign that the pandemic-fueled migration to digital transactions is here to stay, Capital One is dropping a mobile-payment incentive for REI credit card customers as it takes over issuance of the Mastercard from U.S. Bank.
August 10 -
Huntington Bancshares has hired Shawn Lough, a veteran Truist Financial banker and West Point graduate, to help guide the sales strategy and goals of its consumer and business banking operation. It also expanded the duties of Digital Director Mark Sheehan to include deposits.
August 9 -
Moving its loan operations beyond its geographic footprint, California's US Metro Bank shot up in our rankings of the best-performing community banks.
August 9 -
More than 250 midsize and large companies that do business with BofA have signed up for its corporate employee banking and investing program, which pulls double duty as a retention tool for the companies and a customer-growth engine for the bank. The initiative is part of a wave of such offerings by regional and large banks.
August 9 -
Chairman and CEO Craig Dwight is counting on the Indiana company's new president, Thomas Prame, to pursue nonbank acquisition targets after it scooped up more than a dozen banks in the past decade.
August 9 -
Tom Speir, a 13-year company veteran, will be in charge of merger and acquisition efforts at the Alabama bank.
August 8 -
SoFi and Qapital are among the challenger banks that are finding ways to make money, a rarity in a sector where most companies have grown customer tallies faster than revenue.
August 8 -
In markets such as India, China, the United Arab Emirates and Brazil, more consumers and merchants are testing or deploying facial recognition as a way to authenticate transactions.
August 8 -
Thomas Prame is leaving Old National Bancorp, which recently merged with his former employer First Midwest Bancorp, to join a smaller rival with aggressive growth plans.
August 5 -
A vast majority of IT leaders at banks want to ditch passwords for something better and safer, and many tech vendors are moving in that direction already. But it's easier said than done.
August 5 -
The Federal Reserve released its large bank requirements for 2023 based on the results from this year's stress test. Most of the banks tested will need to maintain or increase their tier one capital holdings.
August 5 -
Legal marijuana dispensaries typically can't accept regular payment cards. But after the pandemic drove broader adoption of online and in-app payments, consumers may finally be more willing to stop using cash when buying weed.
August 5



























