The Latest

Deposit premiums could rise at 20% of banks with up to $10 billion in assets. Many of those banks could rethink asset concentrations that would trigger higher assessments.

A new crop of P-to-P loan platforms is focusing on commercial real estate loans that get ignored by banks.

JPMorgan Chase has continued to take steps towards satisfying its portion of the residential mortgage-backed securities settlement, according to the independent monitor put in place to track the bank's progress.

The new Amex Express Checkout service bears a passing resemblance to rival products like Visa Checkout, MasterPass and PayPal. But that similarity is only skin deep.

Chemung Financial in Elmira, N.Y., has promoted Anders Tomson to president and chief operating officer. Tomson had been president of Chemung Financial's Capital Bank, the name the company uses in its Albany County and Saratoga County, N.Y., markets.

Pelosi is not amused by some of Warren's rhetoric, Warren continues her battle against Wall Street and the SEC's White, and JPMorgan's Erdoes talks about her childhood lessons in value investing, in our latest roundup of the news about women in banking.

While the Federal Reserve and other regulators extended the deadline for some parts of the Volcker rule, July 21 is the deadline for all banks to have a compliance regime in place.

Digital money transfer provider Xoom has introduced an instant mobile reload service that allows consumers to send airtime credit online from the U.S. to prepaid mobile phones abroad.

Members of the Houghton Mifflin Harcourt Employees Federal Credit Union, a $6.4-million institution, approved a proposed merger into Hanscom Federal Credit Union, a $1.1-billion entity here, effective July 1.

It's a good news/bad news situation in the credit union auto lending arena. Purchase volumes are high, delinquencies are low and new buyers are continuing to enter the market. That's the good news. The bad news: this may be as good as it gets.