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The creation of the Consumer Financial Protection Bureau was widely expected to centralize regulation of payday and other high-cost loans in Washington. It hasn’t worked out that way.
July 24
American Banker -
The hack's core trick highlights an area of cybersecurity which is often neglected: hardware connected to computer networks which laymen wouldn’t normally consider a computer.
July 24 -
Florida created headaches for the Georgia company during the financial crisis. Increased discipline, and wholesale changes to banking, make the $3 billion purchase of FCB Financial less risky, CEO Kessel Stelling says.
July 24 -
In a 2015 enforcement action, the San Francisco Fed said it had identified problems with the Pasadena, Calif., bank’s BSA and anti-money-laundering compliance programs.
July 24 -
The Mississippi company will also gain its first branches in southern Georgia as part of the $80 million deal.
July 24 -
The U.K.’s Starling Bank markets itself as a digital bank that’s too modern for branches, and now it’s seeking an edge by offering a vertical payment card with all of the account details moved to the back.
July 24 -
The 2017 acquisition of Yadkin Financial was cited as a driver of growth for several fee-based businesses.
July 24 -
A letter from 19 state attorneys general calls on the Department of Justice to issue regulations that "provide needed clarity" for institutions targeted in ADA-related law suits.
July 24 -
A merger with Towns-Union Educators' FCU is Peach State's fifth such move in three years.
July 24 -
Green's sale follows a dedicated effort by its management team to purge its energy portfolio.
July 24 -
The $2.9 billion deal is the Georgia company's first traditional whole-bank acquisition since 2006. It is also the year's second-biggest bank acquisition.
July 24 -
The $471 million-asset credit union has retained an outside source to conduct a search for Eileen Rivera's successor.
July 23 -
The research, carried out in coordination with the all-party U.K. parliamentary group on blockchain, profiles companies, think tanks, innovation hubs and individual players in the U.K.
July 23 -
Maybe it's coincidence, or maybe it's progress — in recent weeks, a number of large payment networks have suffered brief but widespread outages, particularly in Europe.
July 23 -
First Green Bank in Florida had to stop holding deposits for licensed marijuana sellers as a condition of making a deal.
July 23 -
Vend Lease, which is based in Baltimore, focuses on suppliers and vendors in the hospitality industry.
July 23 -
The recent tariff escalations could cause financial pain for specific shopping corridors, particularly in price-conscious locales.
July 23 -
Mastercard and Worldpay are embarking on a strong push to promote Mastercard's Pay by Bank system, which will likely face a deluge of competition under the updated Payment Services Directive (PSD2), which took effect this year.
July 23 -
An integrated payments and receivables solution is helping two Michigan credit unions boost engagement with small business members.
July 20 -
Canadian cardholders are holding back from applying for travel rewards-linked credit cards while they wait for the fallout from Air Canada’s decision to withdraw from the Aeroplan coalition loyalty scheme.
July 20


















