Finance

While loan growth continues to outpace competitors, Discover says it has been tightening its standards, given the late stage of the credit cycle.

Visa’s decision on how or if it will participate in Facebook’s cryptocurrency project will be based on how the social network handles the mountain of criticism and requirements that global regulators and lawmakers are heaping upon it.

KeyCorp, Regions Financial and others have sacrificed short-term profits to avoid being crushed by an anticipated decline in interest rates.

Starbucks is looking to reclaim its role as the global leader in streamlined, intuitive order-and-pay systems through machine learning technology it’s developing in-house and through a deal with restaurant-tech startup Brightloom, its new equity investment partner.

Earnings at the Cincinnati company fell 25% from the same period last year, largely due to $109 million in expenses tied to its March acquisition of MB Financial.

Policymakers should consider how new data computing can help ensure equal lending, not hinder it.

Bank posts its best second quarter since 2010 after a disappointing Q1; Cerberus in talks to buy loans at the center of a major accounting error.

Pressure to raise rates on deposits offset strong loan growth at the Salt Lake City company.

Banks and third parties must work together to safeguard data being shared when a customer uses mobile apps.

County Bancorp is a small dairy lender in Wisconsin with an exposure to milk prices, and Bank OZK is a larger bank in Arkansas coping with out-of-market real estate trends. Their stories show how market sensitivities can vex specialists.

The Birmingham, Ala., company warned in its earnings call that moves by the central bank could make it harder to lower costs.

After rising between 2016 and 2018, the card issuer's charge-off rates are now steady. The trend reflects both the impact of tighter underwriting standards and the continued resilience of U.S. consumers.

Even with an economy that has slowed to a "moderate" pace, American Express says U.S. consumers' spending trends remained solid and, in the case of Amex cardholders, they are willing to pay fees for cards that come with the right features.

CrossFirst Bankshares intends to use its share of the proceeds for general corporate purposes, including support of future growth, according to a registration statement.

The credit card issuer reported expense growth that rose faster than net interest income during the second quarter.

While executives at the Buffalo, N.Y., bank said they would take a closer look at spending, especially given the potential for interest rate cuts, they described investments in tech talent as an essential cost of doing business.

The company, which announced the conclusion of a three-year-old credit card partnership with TD Bank, is shifting to digital financing of individual consumer purchases.

Ahead of a House hearing to examine his company's proposed merger with SunTrust, King tried to downplay regulatory concerns.

A centerpiece of her “economic patriotism” bill is to transform private equity firms, which she said will buy a company and bleed it dry before “walking away enriched even as the company succumbs.”

The company will work on Libra, but won’t issue digital currency without proper authority; the bank’s profit dropped 8% on reduced revenue.