Retail & Commercial

Organizers of new banks want to cater to underbanked minorities, entrepreneurs, military veterans and other specialized groups.

Seth Frotman, whose student lending unit had been gutted in May, said the bureau's current leadership "has abandoned its duty to fairly and robustly enforce the law.”

Bank7, which aims to raise $75 million, also has extensive dealings in the hospitality industry. The company has completed two acquisitions since 2011.

Year to date through Jun. 30, 2018. Dollars in thousands.

Year to date through Jun. 30, 2018. Dollars in thousands.

Legislation allowing regular bill payments to count toward credit history would solve more problems than some critics fear it would create.

The decision to adopt the name Axos Bank seems to put more distance between the company and its internet roots.

Small and midsize banks are most at risk as commercial loan volume fails to ignite; the cutbacks are partly the result of lower origination volume.

Selling outside of app stores forces users to deactivate a crucial safeguard which would otherwise prevent the download of potentially malicious apps onto their mobile device, contends Samuel Bakken, senior product marketing manager for OneSpan.

Wells Fargo & Co. is cutting 638 mortgage employees as the nation’s largest home lender contends with a slowdown in the business.