Consumer banking
Consumer banking
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Card data security risks for online merchants or those operating payment schemes via cloud computing will get much attention next year from the Payment Card Industry Security Standards Council.
November 16 -
The special inspector general for the Troubled Asset Relief Program said Wednesday that it worked with Google to suspend advertising for a slew of alleged online mortgage modification scams.
November 16 -
Anemic household expenditures this year heightened anxiety that the economy would stall out, but growth in spending on plastic has remained healthy. An increased appetite for big-ticket items among households that are surviving the malaise probably explains much of the phenomenon.
November 16 -
Charles Schwab Corp. has finalized its purchase of Compliance11 Inc., a Chicago firm that helps securities and investment firms manage their compliance with regulations.
November 16 -
A pair of healthy banks destined to be partners are nearing deadline as investors anxiously wait.
November 16 -
Cor blimey, IT jobs are heading over the pond.
November 16 -
The name of Visa Inc.'s digital wallet understates its ambition for the service. That may turn out to be a smart branding move.
November 16 -
It's time for our regulators to think broadly about what our financial system needs and then take a stand. Simply grinding out Dodd-Frank proposals that no one understands — like the risk-retention proposal and the Volcker Rule release — is not the answer.
November 16 -
The Consumer Financial Protection Bureau is asking students, colleges and lenders for information on the private student loan market that will inform a joint report to Congress required by the Dodd-Frank Act.
November 16 -
Johnson Financial Group Inc. in Racine, Wis., said a decision to close its Cayman Islands branch is related to new laws requiring banks to pay interest on commercial deposit accounts.
November 16 -
Cheviot Financial in Cheviot, Ohio, said Tuesday that it had received regulatory approval for a stock offering tied to its mutual holding company's proposed mutual-to-stock conversion.
November 16 -
Webster Financial Corp. had about as much luck as the big banks in staying ahead of the curve on debit card fees.
November 16 -
It might not be well-reasoned; it might not always be civil; and it might not be fair. But the Occupy Wall Street movement, with its anti-finance bias, is with us and it is real. And unless the economy improves, or some other dramatic event occurs that at the moment seems remote, the reality is that banks are stuck for now in a reputational backwater.
November 15 -
The U.S. Treasury is looking beyond the insured banking system in an effort to improve the delivery of viable credit alternatives to consumers.
November 15 -
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The Consumer Financial Protection Bureau received a clean bill of health from the Government Accountability Office in its first annual report of the bureau's finances.
November 15 -
Fannie Mae and Freddie Mac late Tuesday afternoon released a somewhat detailed bulletin on the underwriting guidelines for refinancing underwater borrowers with GSE loans, segmenting what's allowable based on the loan-to-value (LTV) and if the product is being offered by the current servicer.
November 15 -
NBH Holdings Corp. in Boston is the latest bank roll-up group to file for an initial public offering so that its stock can be traded on the open markets.
November 15 -
With a renewed appetite to expand lending, big banks are said to be actively courting borrowers much smaller than their typical midmarket clients. The banks are wooing potential clients with very competitive rates and loan structures, much to the concern of smaller banks.
November 15



