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Four Oaks Fincorp in Four Oaks, N.C., has named Deanna Hart chief financial officer of the company and its bank.

Lenders that allow borrowers to shop for third-party settlement services face new liability, as the Consumer Financial Protection Bureau's integrated mortgage disclosure rules will let borrowers sue over problems with vendor lists.

Competition is heating up among mobile wallet makers, but not everyone is racing toward the same goal. Many are starting to look past Near Field Communication-based contactless payments, championing newer technologies as well as reviving older business models.

Consumer spending gains in the second quarter helped the U.S. economy expand more than forecasted and may help the U.S. withstand a global slowdown, according to Commerce Department figures released Friday.

At a time when fintech companies and banks are struggling to draw more consumer interest in their apps, a Reno, Nev., startup is hoping to motivate underbanked consumers to pay bills, including overdue ones, via a friendly mobile experience.

The rankings of the Most Powerful Women in Banking and Finance include some familiar faces (KeyCorp's Beth Mooney of course), but also plenty of newcomers (including U.S. Bancorp's Kathy Rogers, JPMorgan Chase's Thasunda Duckett and Wells Fargo's Yvette Hollingsworth Clark). We also look at efforts to bring more women into boardrooms and have an op-ed by the CEO of HSBC USA.

Now a buzzword for disruptive technologies, Fintech was the name of a research project initiated by Citicorp in the 1990s, when the Citigroup predecessor was trying to shed its image of being "out of touch with market preferences."

Politicians who support the idea of banking as a public utility may not be very concerned with the fate of community banks. Rather than say so directly, they gloss over the facts.

More Redlining Settlements?; Homebuilders Excited, Problems Loom

Canadian credit union cooperative Desjardins Group is offering mobile credit and debit card readers for small businesses.