Consumer banking
Consumer banking
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Failure has been the most common way out of enforcement actions in the current cycle, but outcomes may be improving.
February 8 -
MasterCard, in an effort to improve merchant and consumer comfort with online spending, formed a partnership with Silver Tail to distribute the latter's fraud-fighting analytics to merchants.
February 8 -
Lakeland Bancorp Inc. in Oak Ridge, N.J., has paid off its remaining debt to Troubled Asset Relief Program.
February 8 -
Democrats and Republicans said Wednesday they would support a bill to ensure that certain information shared with the Consumer Financial Protection Bureau during exams is protected by attorney-client privilege.
February 8 -
Chino Commercial Bancorp in California has extended its stock offering for the second time because of a high level of interest.
February 8 -
NEW YORK — The Federal Reserve Bank of New York said it sold $6.2 billion in risky residential mortgage securities to Goldman Sachs Group Inc. in its second bulk sale from a portfolio taken on during the 2008 bailout of American International Group.
February 8 -
HomeStreet Inc. in Seattle has hired more than 160 former MetLife Inc. mortgage professionals across three Pacific Northwest states.
February 8 -
Banks spend wastefully on information technology, leaving plenty of room for improvement, Oracle's Mark Hurd says.
February 8 -
In an improving economy, many of the policies and procedures that were imposed on banks in 2008 have become counterproductive, and are hurting rather than helping the industry.
February 8 -
Ally Financial's Residential Capital mortgage unit is in talks with potential buyers and is considering using a pre-packaged bankruptcy to facilitate a sale, according to people with knowledge of the matter.
February 8 -
A celebrity's name on a prepaid card has been more of a scarlet letter than a ticket to success. But celeb cards are still popular enough to be a threat to traditional banks.
February 8 -
BBCN Bancorp, the Los Angeles company formed after Center Financial and Nara Bancorp merged, said Wednesday that fourth-quarter earnings fell 42% from the same period a year earlier due primarily to expenses related to the merger.
February 8 -
Mortgage lender PHH has been scrambling to reassure investors of its funding and cash positions in the wake of an S&P downgrade and the departure of its former CEO, Jerome Selitto.
February 8 -
Citigroup is partnering with the Enterprise Community Loan Fund and Next Street Financial to invest $30 million in small businesses.
February 8 -
More than eight months after Sterne Agee Group Inc. announced that it is planning to acquire a community bank, the name of the bank has finally been revealed: Citizens Exchange Bank.
February 8 -
MasterCard Inc. and software company Silver Tail Systems Inc. announced a partnership that will bring the latter's fraud-fighting analytics to MasterCard merchants.
February 8 -
Several billion consumers and 35 million merchants worldwide take the enormous convenience and security of branded payment cards for granted.
February 7 -
PORTSMOUTH, N.H. – Service CU opened its eighth Walmart branch in Concord.
February 7 -
Moments before he was scheduled to make a statement on the mortgage servicing settlement Tuesday night, New York Attorney General Eric Schneiderman postponed the conference call indefinitely.
February 7 -



