Consumer banking
Consumer banking
-
A recent court ruling affirms that customers can be held responsible in cases of wire transfer fraud. But banks arent off the hook.
June 25 -
Is misogynistic behavior keeping women out of the Bitcoin community?
June 25 -
Fannie Mae and Freddie Mac suffered "significant financial harm" from "excessively priced" force-placed insurance, an inspector general's report says, advising their regulator to assess whether to sue banks and insurers for damages.
June 25 -
First Citizens BancShares (FCNCA) in Raleigh, N.C., has decided on the management team that will run the company after it buys First Citizens Bancorp. in Columbia, S.C.
June 24 -
A confluence of events, including the defeat of House Majority Leader Eric Cantor, has increased the chance that Congress won't renew the charter of the Export-Import Bank. Private banks receive billions of dollars in U.S. support for loans made to promote American exports.
June 24 -
Spencer Savings Bank in Elmwood Park, N.J., has agreed to buy the banking operations of New Jersey Manufacturers Insurance.
June 24 -
Wholesale lenders are capping broker compensation at 2.75%, below the CFPB's 3%, adding another "overlay" above and beyond regulatory requirements. Some say borrowers are being shut out as a result.
June 24 -
State Bank Financial is in no rush to extract costs from Georgia-Carolina Bancshares, preferring instead to take its time in an effort to retain the best employees and clients.
June 24 -
People's United Bank in Bridgeport, Conn., expects to raise $400 million through an offering of subordinated debt.
June 24 -
Massena (N.Y.) Memorial Hospital board of managers approved a plan to write off more than $630,000 in bad debt for April and May.
June 24 -
Competition from traditional homes and distressed sales, the limited availability of conforming mortgages and an underdeveloped secondary market have prolonged a slump in manufactured housing that started in 1998.
June 24 -
While rent represents the biggest expense each month for many consumers, the payments rarely are reported to credit bureaus, meaning they don't help people improve their credit scores.
June 24 -
Its true that AIGs heavily regulated securities lending program played a role in the downfall of the insurer. But it is a dangerous fallacy to argue that this proves that regulation should be left entirely to the markets.
June 24 -
The American Bankers Association and AARP are planning to work together to protect older adults from financial exploitation.
June 24 -
Peapack-Gladstone Financial (PGC) in Bedminster, N.J., has named Kevin Runyon as executive vice president of information technology.
June 24 -
Mortgage-bond investors are urging the government to stop banks from saddling them with the costs of probes into sales of the debt.
June 24 -
More than 60 bills that would impact the credit and collection industry were introduced in the past six months and considered during the New York Legislatures 2014 session that recessed last Friday.
June 24 -
In widely anticipated legislation on Bitcoin, Canada is regulating digital currency businesses under existing rules for money movement and California is updating its laws to legalize the use of alternative currencies.
June 24 -
The scams involving home-based businesses included offering payment processing services, credit card terminals and merchant cash advances to small businesses.
June 24 -
Opus Bank (OPB) in Irvine, Calif., has launched a small-business banking division.
June 24





