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Phishing and ransomware attacks were among the deadliest for financial institutions in the past year.
December 27 -
The pandemic-era's surge of short-term, interest-free online loans from buy now/pay later fintechs ignited wide-ranging competition from newcomers and legacy providers alike.
December 27 -
Horizon Technology Finance's Daniel Trolio discusses market strengths, growth challenges, and why Horizon sticks to tried and true capital partners.
December 27 -
The Amesbury-based bank reported solid growth and profitability throughout Dave Mansfield's 9-year tenure. The decision followed news of losses tied to the bank's move into digital-asset lending, though the bank has yet to file a 10-Q for the third quarter.
December 27 -
Two long-awaited developments — the Consumer Financial Protection Bureau's data access proposal and the Federal Reserve's faster payments network debut — are slated for next year. The combined effect on consumer banking might be more consequential than we now know.
December 27
American Banker -
Commercial loans at federally insured credit unions increased 25% to $132.2 billion in the third quarter of 2022, even though many institutions are facing a tough job market. Their answer is to find strong candidates within their own ranks.
December 27 -
Despite a slow year overall, banks announced several substantial merger and acquisitions in 2022.
December 27 -
Banks and other lenders revived special-purpose credit programs after racial-equity protests in 2020 prompted them to reexamine their services for historically underserved groups. Now they're taking those initiatives nationwide.
December 27 -
The U.S. should look abroad for innovative solutions to the problem of assessing the creditworthiness of borrowers with little formal credit history.
December 26
credolab -
American Express, LendingClub and Webster Bank are among the financial firms that named new chief information officers and chief technology officers.
December 26












