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A large charge-off and an additional loan-loss provision reduced quarterly profit by 12%, to $47.8 million.

Section 705 FCU, originally chartered to serve postal employees, has a new chief executive following the retirement of its longtime CEO.

Mobile apps enabling consumers to buy gasoline without stepping out of the car are a fast-growing category, but fuel marketers’ associated rewards programs have taken a bit longer to catch up.

New regulations and fraud threats are accumulating, and payment firms need to keep up, says Semafone's Gary E. Barnett.

The tight labor market and public pressure to raise minimum wages are expected to nudge noninterest expenses upward in a year when the watchword is cost control.

Elizabeth Warren, Sherrod Brown and three other Democrats asked nonbank lenders to ensure they comply with fair-lending laws following a report suggesting they charge higher rates to those who have attended historically black or predominantly Hispanic colleges.

The North Carolina-based credit union hopes an injunction will prevent further use of that branding until a trademark infringement suit is settled.

Broadway Financial prefers a small balance sheet and loans to real estate investors that offer affordable housing. Capital Corps and its founder, Steven Sugarman, want the bank to expand by making more loans directly to low- and moderate-income borrowers.

Klarna has agreed to acquire Italian fintech Moneymour as part of an innovation push to counter rivals in the popular point of sale credit market.

The three cease and desist orders and one written agreement had cited separate concerns at JPMorgan Chase, Discover, Deutsche Bank and RBS.