Consumer banking
Consumer banking
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Discover Financial Services is the latest card network to announce a conversion plan for the secure EMV chip-card standard in the U.S.
March 15 -
ECB Bancorp Inc. will no longer buy the deposits and certain assets of seven North Carolina branches from Hampton Roads Bankshares Inc. in Norfolk, Va., after funding for the deal fell through.
March 14 -
JACKSON, Miss. – Hope CU has acquired a former BancorpSouth bank branch in Utica, Miss., which will replace the credit union’s temporary branch in the Utica Town Hall.
March 14 -
The Treasury Department is planning a new strategy to recoup its Tarp investments: auctioning off outstanding preferred stock in six banks. The six are: Banner of Walla Walla, Wash.; First Financial of Charleston, S.C.; MainSource of Greensburg, Ind.; Seacoast in Stuart, Fla.; Wilshire in Los Angeles; and WSFS in Wilmington, Del.
March 14 -
Tom Grady resigns after eight months on the job to temporarily lead Florida's biggest insurer.
March 14 -
MB Financial Inc. in Chicago has repurchased $196 million of preferred shares issued to the Treasury Department as part of the Troubled Asset Relief Program.
March 14 -
The Federal Reserve's stress tests and capital decisions this week help clarify which banks can afford to buy, how much they can pay and which might need to sell.
March 14 -
Explore the negative impact of the Durbin Amendment on small businesses, including increased fees and reduced banking services, contrary to claims of negligible effects.
March 14 -
The majority of U.S. Bancorp customers have found ways to avoid paying monthly fees, after the bank phased out its "free" checking accounts, an executive told American Banker.
March 14 -
Starved for growth, several community banks are putting aside distrust from the financial crisis to seek out partners for bigger commercial loans.
March 14 -
Companies like American Express, Capital One and USAA have substantially expanded the amount of credit they offer to consumers through cards over the last two years, in contrast to the retrenchment at the three largest three issuers.
March 14 -
A new product from vendor Norse is designed to choke off online card fraud before it becomes a transaction — and before competing services from the card networks can kick in.
March 14 -
LifeLock is betting that its acquisition of ID Analytics, which closed Wednesday, will help it better market its services to retail banks.
March 14 -
COLUMBUS, Ohio – Education First CU has introduced what it calls the smallest manned-branch in the industry, a 228 square-foot facility inside Clark Hall – a new state of the art multiple-classroom facility which is part of the Gahanna Jefferson School District..
March 14 -
Until the mid 1980s, most fraud went undiagnosed or misreported. The debate today seems to be whether the increasing digital landscape ends up increasing or decreasing fraud overall.
March 14 -
Discover Financial Services will have its credit cards issued outside of the United States for the first time, thanks to a new deal in Ecuador.
March 14 -
Two small Massachusetts mutual thrifts are planning to join forces in hopes of gaining the scale to better compete against larger banks.
March 14 -
Customers may only be able to pay and eat with plastic at the fast-food chain planned by Tony Zazula, a restaurateur famed for banning cash at his New York restaurant.
March 14 -
The Federal Deposit Insurance Corp. is expected Tuesday to propose targeted changes to how banks with more than $10 billion of assets pay deposit-insurance premiums.
March 14 -
Several regional banks that were also stress-tested by the Federal Reserve but whose results were not made public announced that they have passed their tests. Some, including Comerica, Huntington and Discover, plan to free up trapped capital.
March 14




