Consumer banking
Consumer banking
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Websites are the old dog compared with mobile, but www.yourbank.com still has some life left in it in some eyes. Here is a sampling of Web features lauded in a recent survey of 16 banks' sites.
February 11 -
Many colleges partner with banks to offer students special accounts. Unfortunately, the benefits of these accounts are grossly overstated and can even cause harm.
February 11 -
Big banks and institutional investors picked up the pace of loan approvals for small businesses in January, while small banks and alternative lenders continued to see their approval rates decline, according to a monthly lending index.
February 11 - Utah
Zions Bancorp will revise its fourth-quarter earnings downward to reflect recent settlement discussions tied to a "private litigation matter."
February 11 -
From regulatory settlements to data breaches, bankers need to handle negative press with finesse and care. Here are several ways executives can effectively communicate with stakeholders and restore investor and customer confidence.
February 11 -
The Senate Banking Committee's first look at regulatory relief for small institutions provided key insights into how the panel is likely to tackle the topic legislatively this year, suggesting it could be a long and contentious debate.
February 10 -
The creation of a new cybersecurity agency is the latest move by the Obama administration to combat the increasing threat of cyberattacks.
February 10 -
More than 100,000 potential plaintiffs can pursue class-action litigation accusing Leucadia National Corp. and a law firm of illegally winning default judgments in debt collection cases, a federal appeals court in New York ruled Tuesday.
February 10 -
Hackers in several financial services industry data breaches targeted customer-contact information that is often thought of as less sensitive. But crooks can use that data and other bits of stolen info to do great harm.
February 10 -
Speakers at the American Bankers Association's Conference for Community Bankers made it clear that smaller banks must find ways to embrace new and disruptive ways of doing business to compete the bigger institutions and nonbanks.
February 10 -
WASHINGTON NewDay Financial has agreed to a $2 million fine after the Consumer Financial Protection Bureau alleged that the mortgage lender engaged in an improper kickback scheme and used deceptive marketing tactics targeted at veterans.
February 10 -
LONGVIEW, Texas East Texas Professional CU saw member sales increase at the same time average visit times decreased after implementing a new lobby tracking system.
February 10 -
New York resident Nadia Figueroa pleaded guilty Tuesday for her role in stealing customer data while employed as a JPMorgan Chase bank teller. The scheme netted $850,000.
February 10 -
A Switzerland-based firm on Tuesday acquired Akcelerant, a U.S.-based financial software provider active in the accounts receivable management space.
February 10 -
Consumer borrowing - including credit card balances, student loans and auto loans - increased in December, according to the Federal Reserves monthly consumer credit report.
February 10 -
A total of 952 members of the U.S. armed forces will receive $123.4 million from a settlement with five mortgage servicers announced Monday by the U.S. Justice Department.
February 10 -
Citizens & Northern Corporation in Wellsboro, Pa., has named J. Bradley Scovill its new president and chief executive officer.
February 10 - Are Banker's Hours Still Relevant?
Bankers originally needed to shorten their hours in order to allow for the laborious paperwork involved in processing financial transactions. Now theres no such justification for closing shop.
February 10 -
Corporate Insight's yearly awards for banks' online services show that financial institutions may have decided to throw all their eggs into the mobile basket to the detriment of their websites -something the firm warns is a mistake.
February 10 -
Bank Mutual Corp. is planning to close seven branches in Wisconsin.
February 10





