Finance

The Spanish bank said it will continue to be Atom’s main strategic investor and keep two seats on its board.

Simultaneous spikes in home prices and mortgage rates have put an unusual squeeze on borrowers' purchasing power and require lenders to be proactive about protecting their loan pipelines.

The San Carlos, Calif., firm is following a similar blueprint as other online lenders — launching with a particular loan product, refining its algorithms, and then seeking to expand into other corners of consumer finance.

A strong economy, an abundance of small businesses and a shakeout from industry consolidation are making the area between Los Angeles and San Diego appealing to bank organizers.

Everybody thinks business travel payments and bookings are a headache, until consumer-style rewards are thrown in.

The Canadian bank completed a months-long trial of technology developed by AlphaPoint, the tech startup said.

A joint venture the California company operates in China opened its first branch in Shanghai in 2012.

It would encourage tighter underwriting of commercial mortgages, something the investors say is sorely needed.

Longer loan terms may be compounding losses when cars are repossessed, a portfolio manager says.

Banks have maintained consumers' trust but must do better explaining to them what they signed up for, according to a J.D. Power survey.

Prosper Marketplace will receive as much as $5 billion in loan funding under a deal that will provide investors an equity stake in the San Francisco company

As part of the closure, the Hong Kong company — whose brand in U.S. banking was closely linked with Mayo — has shut down its widely followed research division.

Capital One co-founder Nigel Morris discusses how his venture capital firm, QED Investors, helps banks and fintechs better understand each other.

It’s unclear whether connecting lenders and borrowers over the internet offers any advantages over traditional lending, according to panelists at the Structured Finance Industry Group conference in Vegas.

The Structured Finance Industry Group and Chamber of Digital Commerce will explore ways distributed ledger technology might speed transaction processing and improve transparency.

The Denver bank had spent the last two-plus years addressing concerns about capital and underwriting procedures.

The payments industry has been overrun with innovation in mobile, wearable and cloud-based digital payments. But many niches are years — if not decades — behind this trend.

The founders of the South Carolina bank, which liquidated after lavish spending and losses depleted its capital, paid a total of $55,000 in fines and face restrictions on future employment.

Canada's largest lender reported double-digit profit growth in its latest quarter in part because of CEO David McKay's focus on expanding in private wealth and commercial banking in the U.S.

A core processing startup gets $16 million and a U.K. challenger bank raises $27.6 million.