Meta Financial in Sioux Falls, S.D., has agreed to buy the tax advance and consumer lending business of Specialty Consumer Services in Hurst, Texas.

The heightened refinancing activity is seen as increasing Ginnie Mae prepayment speeds and reducing the value of mortgage servicing rights.

Green Dot reported net income of $2 million in the third quarter as the prepaid card issuer sought to overcome the revenue it lost by discontinuing one of its most popular products.

The credit agencies played a role in the Great Recession, but marketplace lenders still need ratings oversight to make their businesses viable.

UpLift is the latest Silicon Valley startup seeking to peel off a slice of the $1 trillion credit card market.

Machine learning can revolutionize online financial management tools by not only tracking payments, but creating a way to change payment habits in the future, says John Frankel, a founding partner of the New York-based ff Venture Capital.

Many community bankers are hopeful that the pro-business Republican will reduce regulatory costs for them and their customers, but others remain concerned about Trump's lack of specifics on job creation.

President-elect Donald Trump might attempt to remove Consumer Financial Protection Bureau Director Richard Cordray from his post and boost legislative efforts to weaken its powers.

Green Dot reported net income of $2 million in the third quarter as the prepaid card issuer sought to overcome the revenue it lost by discontinuing one of its most popular products.

New York Community's acquisition of Astoria Financial will not get the necessary regulatory OK this year, but both parties “remain committed to the transaction,” the CRE-heavy acquirer said.

Bill.com has gained traction in recent years with a few large banks that market its electronic bill payment service for businesses, but reaching a wider audience has been tough because small businesses are a tough nut for banks to crack.

Will another reason for market fluctuations hurt stock-heavy merger agreements? Will the promise of lighter regulation give buyers more time to chase deals, or encourage prospective sellers to stay independent? The wheels are already turning in the minds of dealmakers after Trump's defeat of Clinton.

In a message to employees Wednesday morning, JPMorgan Chase Chief Executive Jamie Dimon said the election of Donald Trump as president reflects a "deep desire for change.”

Threats to the industry's control over payments were apparent before PayPal became popular. However, risks are even more visible and real today.

Voters in South Dakota on Tuesday overwhelmingly approved a measure to cap interest rates on payday, installment and auto title loans at 36%, while rejecting a competing amendment sponsored by a large payday lender.

Santander Consumer Holdings USA in Dallas on Wednesday reported lower quarterly profits due to ongoing issues associated with its discontinued personal loan business.

The only tactic for survival is brutal honesty. So let's accept the very real risk of disappearing and do the heavy lifting required to persevere.

Voters in Florida, North Dakota, Montana and Arkansas approved medical marijuana measures on Tuesday, while their counterparts in California, Massachusetts and Nevada approved recreational pot initiatives.

HomeBancorp in Tampa, Fla., has appointed several executives to expanded roles, all to take effect at the start of the year.

New research finds that many credit card users continue to pay only the minimum required each month, in spite of government-mandated disclosures designed to encourage them to get out of debt sooner.