Merchant

The banking and fintech industry is experiencing fundamental change driven by not only new and evolving regulatory guidelines, but also by the changing needs and expectations of consumers – largely attributed to organizations like Netflix and Amazon.

It took seven years, but the U.S. credit-card business has finally bounced back from its post-crisis hangover.

Unpaid utility bills owed by 680,000 residential electric and gas customers in Pennsylvania totaled $315 million in 2014, according to the state Public Utility Commission (PUC).

City officials in Longview, Texas are planning to review placing restrictions on “credit access” businesses such as title and payday loan outlets. City council officials will discuss the plan on Thursday.

The explosion of mobile over the last few years has been staggering. By next year, the twenty billionth mobile phone will be sold. And not only are there many more mobile devices, we’re all becoming more reliant on them. In fact, 9 out of 10 consumers in the U.S. keep their phones within reach 24/7.

Fundation Group, an online small-business lender, has hired an industry veteran as its first chief operating officer.

A municipal tax collection agency in Ohio has confirmed it lost personal data for an estimated 50,000 people who filed tax forms with the agency.

David Bowie was a legend in the music industry, but his name was also a presence in financial services, where his identity was synonymous with innovation.

Associated Banc-Corp in Green Bay, Wis., will increase its fourth-quarter allowance for loan losses by $13 million to compensate for potential late payments or defaults on loans in its energy portfolio.

Overall consumer borrowing grew from October to November but decelerated to the slowest pace since January as Americans took out fewer loans for big-ticket items such as cars and education.