Retail & Commercial

The law would have expanded the state's 12% interest rate cap in a manner that would have effectively banned fintech lending in the state.

The two financial institutions issued Avit tokens on the Ethereum mainnet, marking a first in the U.S.

The Mississippi lender said regulators have signed off sooner than expected on its $103.6 million acquisition of First Chatham Bank. The bank's CEO and deal advisers said the speedy approval bodes well for future M&A.

A proposal before Congress would incentivize the creation of new banks by offering capital relief. This would give de novo banks a competitive advantage over incumbent community banks.

Americans spent 49% more on overdraft-related fees in 2023 than previously estimated, according to new research, which finds that credit unions were largely responsible for the previously uncounted revenue.

In a speech, the Federal Reserve governor called for policies that would impose Truth In Lending-like disclosure requirements on lenders' products that cater to small businesses.

The Trump administration wants the Small Business Administration to shrink its workforce by 43%. At the same time, the agency is being asked to start managing the federal government's student loan portfolio.

The fintech, which specializes in low or no fee banking and early access to paychecks, is now offering three-month installment loans.

The top five bank holding companies have combined total consumer loan portfolios of more than $1.95 trillion.

San Antonio-based Broadway National Bank hopes marketing campaigns featuring old presidents with new looks will boost brand recognition in Dallas and Houston.