Consumer banking
Consumer banking
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WASHINGTON A public interest coalition is calling on bank regulators to declare the drinking water contamination in Flint, Mich., a "disaster" and encourage lenders from around the country to extend credit to the area in order to counteract the damage.
February 18 -
Troubled loans no longer overwhelm the market, but there could be smaller outbreaks that servicers must be ready to deal with, a real estate services vendor says.
February 18 -
Freedom Bank of Virginia in Fairfax has named to its board a consultant to a fund that recently invested in the bank.
February 18 -
Correcting misperceptions about banking, in addition to focusing on recruitment efforts, will help fix an apparent rupture in the talent pipeline.
February 18 -
Josh Hinkel, a partner with Bain & Co., discusses the rise of shareholder activism in financial services and how "aggressive" investors are driving higher returns.
February 18 -
Lakeland Bancorp in Oak Ridge, N.J., has agreed to buy Harmony Bank in Jackson, N.J.
February 18 -
Banks are enthusiastic about innovation that involves both traditional institutions and nonbanks, but a more cohesive regulatory landscape is needed for cooperation between banks and fintech to grow even more.
February 18 -
The FTC sent a summary of its 2015 work on debt collection practices to the CFPB to include in the CFPBs annual report to Congress on the Fair Debt Collection Practices Act. The FTC and the CFPB share enforcement responsibilities under the FDCPA.
February 18 -
FCRA and TCPA cases were much higher in January compared with January 2015 (+31.4% and +39.8% respectively) but that follows a multi-year trend for the two statutes that doesnt seem to be easing, according to data collected from U.S. district courts.
February 18 -
Cardless ATMs are still a rare sight in the U.S., but the use cases are proliferating for companies that want to upend traditional cash machines.
February 18 -
The Federal Housing Finance Agency is launching a 10-day social media campaign, #HARPNow, to alert struggling homeowners in 10 states that they can still refinance via the program before it expires at year-end.
February 17 -
About 10% of midsize businesses say they want to develop a relationship with nonbank providers, such as marketplace lenders or business development companies, and even more are said to be considering switching banks.
February 17 -
Pathfinder Bancorp in Oswego, N.Y., has exited the Small Business Lending Fund program.
February 17 -
Several money managers increased their holdings in banking companies during the fourth quarter and added new investments in other banks.
February 17 -
Despite the rise of digital banking, most people still look to physical channels when opening accounts. That's partly due to consumer preference, but banks have a long way to go to make the digital sales experience smooth.
February 17 -
The NCUA's plan to expand credit unions' business-lending powers generated more than 3,000 comment letters, mostly from bankers urging a "no" vote. But the agency's board is expected to stick by its original proposal.
February 17 -
Accenture has created a blockchain practice within its financial services group and partnered with Digital Asset Holdings to help companies assess and implement blockchain solutions.
February 17 -
There are millions of businesses deserving of loans that banks using traditional data resources might overlook due to their thin credit histories.
February 17 -
The mismatch between demand for new homes and the supply threatens to drive up prices and dampen lending.
February 17 -
Compared to other countries with fewer banks, the faster payments initiative in the U.S. will require a far greater level of collaboration and participation.
February 17







