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Home equity lines could double over the next six years. Some banks are actively pursuing the consumer credit opportunity, whereas many still feel stung by the housing crisis, unimpressed by home equity’s comeback so far or fearful of nonbank competition and fraud.
October 30 -
If President Trump picks Federal Reserve Board Gov. Jerome Powell as its next chair, it may represent the best of all worlds for bankers — a policymaker who will continue the central bank's monetary policy but be open to regulatory changes.
October 30 -
Certain prepaid debit card issuers that didn’t initially adopt EMV technology — because of a lower perceived security threat for these limited-use cards — are now going the EMV route.
October 30 -
PNC Financial is joining the mobile wallet trend with PNC Pay, timed to capitalize on some of mobile payments’ latest innovations.
October 30 -
Mogo Finance Technology Inc. rose most in eight months after saying it added blockchain capabilities to its mobile banking platform.
October 30 -
Del-One Federal Credit Union will be the first financial institution to offer the service in Delaware.
October 30 -
The OCC has terminated orders against three of Fulton's banks. The company and two other banks still have BSA-related orders.
October 30 -
Salaries and benefits are up, as banks work harder to recruit and retain staff. So are casual days, wellness programs and other perks.
October 30 -
Calls for less reliance on credit bureaus and Social Security numbers for verification are leading many to envision a future of identity on a distributed ledger.
October 30 -
Credit unions in both states have prepped offers for consumers who need to rehab their homes following this summer's hurricanes, but there are hurdles ahead, including rising competition and stringent regulations.
October 30











