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In recent years, the country’s largest cellphone carriers have begun to experiment with new financing options for smartphones and other devices. That forebodes a deeper interest in financial products.
July 24 -
Banks are adding videoconferencing at branches, but consumers might prefer to video-chat from their phones. Unlike with mobile banking, shirts and pants will likely be required.
July 24 -
Visa’s efforts to expand its mobile payments service mVisa in developing nations reached a milestone this month in Nigeria, the first country where banks are enabling cross-border payments with the QR code-based mVisa technology.
July 24 -
The bank is drawing renewed scrutiny after a lawyer’s unauthorized release of sensitive client details for tens of thousands of accounts belonging to wealthy customers of its brokerage unit.
July 24 -
In early fall, the central bank is expected to announce its next steps regarding how to improve the aging U.S. payments system.
July 24 -
A handful of underfinanced startups aren’t enough to sink the industry. Community banks will survive digital disruption so long as they concentrate on what their customers want and need.
July 24
Liberty Bank -
Outside counsel for Wells Fargo accidently sends files on wealthy customers to opposing lawyer in defamation case; White House wants agency’s consumer complaint database to be private.
July 24 -
The branch manager was terminated after she reported conduct by at least three private bankers working under her that she believed to be bank, wire and mail fraud.
July 21 -
It’s a very large number for any bank, but Bank of America executives said the move makes good economic sense and promotes relationship-building with customers.
July 21 -
Five regulators agreed to coordinate "their respective reviews" on the exclusion of foreign funds from Volcker Rule restrictions.
July 21 -
For the last two years, the central bank has allowed the private sector to drive a process aimed at modernizing the nation's payments system. Now the Fed will have to determine what its own role will be.
July 21 -
Auto risks mounting. Mortgage market tightening. Are there any good risks these days in consumer lending? Regional bank executives insist partnerships with online lenders, unsecured personal loans and other niche efforts can work if done properly.
July 21 -
The ruling could limit the U.K. as a venue consumer class-action suits.
July 21 -
A regulatory plan to create new restrictions on banks’ executive compensation practices appears dead — but changes since the financial crisis may have made the proposal largely obsolete anyway.
July 21 -
Now that the Federal Reserve has raised short-term rates four times in the past 18 months, all eyes are on deposit costs as banks seek to keep pricing low and fatten margins. But that effort is complicated by the fact that banks must prepare for the unwinding of the Fed's balance sheet and consumers' rapid adoption of mobile deposits.
July 21 -
Call-center workers at Santander Consumer USA, concerned about what they deem aggressive collections tactics, are looking to unionize with the help of some big names on Capitol Hill.
July 21 -
House Financial Services Committee leaders and two top real estate trade groups have cut a deal on a bill to reform the National Flood Insurance Program.
July 21 -
The Birmingham, Ala., bank has been cutting exposure to indirect auto, multifamily and medical office lending, categories it deems high-risk.
July 21 -
Various departments will be realigned or consolidated and staff will shrink by attrition in the agency’s first large-scale restructuring since 2003.
July 21 -
Bank of America has picked Dublin to locate its main European Union hub in preparation for Britain quitting the bloc in 2019.
July 21






















