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Regions Financial said Thursday that it will not renew its contract with GreenSky — a move analysts say could prompt other banks to re-examine their lending arrangements with the fintech.
May 16 -
The official told lawmakers Thursday that the research underlying the bureau's 2017 payday rule proposal did not support strict underwriting requirements of small-dollar loans.
May 16 -
Democrats and Republicans on the House Financial Services Committee called for steps to minimize the harm to community banks and credit unions bracing for the new accounting standard.
May 16 -
Azlo will offer customers the ability to apply for a Kabbage loan through a new program called Mission Street Capital.
May 16 -
The American Institute of Certified Public Accountants says banks are fighting accounting fatigue — thank CECL for that — and wants the FASB to push back a deadline for privately held firms to put operating leases on their balance sheets.
May 16 -
Meridian Corp. may have breached sales agreements after originating nearly $100 million in loans in a state where it lacked a license.
May 16 -
Recent letters from NAFCU and CUNA called on the Consumer Financial Protection Bureau to provide a carve out in its payday lending rule for loans made by credit unions.
May 16 -
The first day of CU Direct's annual Drive conference included insights from dealers, executives at online car-buying platforms and more.
May 16 -
From availability issues to regulatory hurdles and changes in marketing strategies, dealers say there is plenty credit unions can do to improve relations between the two sides.
May 16 -
A bill that would have capped payday loan rates at 36% failed to get through committee, but credit unions have pledged to continue to fight for the legislation.
May 16













