Finance

The North Carolina company's purchase of Chattahoochee Bank will add a branch and loan production office to its existing operations in northern Georgia.

The $231 million-asset Virginia bank will also double its legal lending limit when it buys CCB Bancshares.

LendUp is seeking to differentiate itself from competitors by making fast loan decisions and designing its customer experience around the mobile phone.

Borrowers can benefit from more inclusive data and tightening of certain credit file standards, but so far lenders continue to rely on older models.

Synchrony Financial and Alliance Data Systems are particularly vulnerable to recent shifts in Americans’ shopping habits, according to new research from Moody’s Investors Service.

Imagine if we could take all the data that's coming from the real economy and use that to discern price, predict performance, understand risk and make better investment decisions. The only feasible way to do this is through artificial intelligence.

Barclays, Goldman Sachs, HSBC and Morgan Stanley are backing a shared vendor risk management platform. The tough part will be agreeing on a final product.

The refusal by top U.S. banks and credit card companies to respond to investor concerns about gender inequity is in contrast with progress by U.K. banks.

The Georgia bank will pay $124 million for Four Oaks Fincorp, buying a bank with a large operation in Raleigh, N.C.

Sponsoring securitizations of the loans funded on its platform will give LendingClub more control over its reputation in the market and make it less beholden to direct loan buyers.

The NCUA is letting federal credit unions securitize and sell assets. Such transactions would free up capital at credit unions, allowing them to make more loans.

Meridian had been looking to expand in certain Boston suburbs before agreeing to buy Meetinghouse Bancorp for $17.8 million.

The company will also gain its first branches in New Mexico after it buys Peoples Inc.

ES Bancshares, which recently sold a branch near Poughkeepsie, plans to open second branches in the two boroughs.

Compliance, security and data analytics were the themes at this year’s New York FinTech Innovation Lab demo day.

Readers weigh in on chatbots, Amazon’s physical footprint expansion plans, alternative credit data and more.

One of the best early bitcoin companies, Blockchain survived a period marked by scandals and shutdowns to become a market leader and attract new investment for expansion.

Future Family plans to differentiate itself by tying financing with a suite of products women need as they pursue fertility treatment.

Housing finance reform discussions are heating up and there's a growing sense that legislation can be enacted sooner rather than later. Here's why.

The message to banks is loud and clear: A vendor’s mistake is your mistake. You can outsource a function, but not the responsibility for mishaps.