The Latest

Forget "bigger is better." Several private-equity-backed lenders are making loans to small landlords, who represent the biggest chunk of the home-rental market and get less help from Fannie Mae and Freddie Mac than they once did.

Wells Fargo said it does not have any immediate plans to acquire a wealth management business in the U.K., following media reports that it's looking at two companies.

HONOLULU – The early returns from $566 million University of Hawaii Federal Credit Union’s conversion of its core processing to Corelation are big time – as in the savings of large amounts of time.

Boston Private Financial Holdings' president, Mark Thompson, has announced plans to retire at the end of the year.

Buying stolen data is an effective way for banks to determine the source of a breach. But fraudsters are increasingly putting up roadblocks because such deals might make it tougher for them to break in next time.

A breakdown of M&A announcements in the financial services industry for the week ended November 7.

China's largest telecom technology testing laboratory plans to use a Fime tool to strengthen the country's mobile security.

Peer-to-peer lending (P2P) is growing by such leaps and bounds that credit unions would be wise to develop strategies to either deal with this emergent force in financial services or form partnerships with these online lenders that have sprouted like mushrooms across the landscape.

GRAND RAPIDS, Mich. -- CU*Answers, a credit union-owned core data processor, announced it has signed a deal with the newly formed ELCA Federal Credit Union to a “CU*BASE” agreement.

Electronic payments company PAX Technology has become the main supplier of point of sale terminals for Russia's Sberbank.