Retail & Commercial

P. Byron DeFoor, who already has majority stakes in two community banks, is planning to buy First Columbia Bancorp.

On Mar. 31, 2018. Dollars in thousands.

Despite some criticisms of the strategy, community banks should continue to pair up with fintech companies that can help them expand their digital offerings.

Rather than ban screen scraping, financial institutions should improve secure account connectivity so that consumers can share data with the apps they want to use.

Executives at the recent In|Vest conference discussed ways to make banks more competitive in the world of financial advice.

Price competition on deposits may finally force the largest banks to pay up, and consumers’ aggressive use of rewards and promotional rates is weighing on card income. And then there are those tariff fights that could hurt global clients.

The unit’s profits plunged in the second quarter as the company contended with the fallout from overcharging wealth management clients. Was it a one-off or the beginning of a long-term problem?

The suit against Alliant Credit Union comes just weeks after trade associations said firms were using social media ads to target plaintiffs for a potential class-action case.

New service provides credit scores to members via mobile, home banking.

The CFPB said National Credit Adjusters had hired third-party collectors that routinely inflated the amounts that customers owed.