Retail & Commercial

The company has been working to address an informal agreement with regulators tied to Bank Secrecy Act compliance.

The fires are raging in Los Angeles and Ventura counties, prompting California's governor to declare a state of emergency.

As some lenders exit indirect auto lending, those that stick around have an opportunity to control pricing and reach more customers.

The Delaware bank will process payments and provide debit card sponsorship services for SoFi Money, which is set to debut next year.

The U.S. is taking steps to stamp out the practice of servicemembers and veterans being pressured into taking mortgages they don't need, a move that officials say will lower consumer costs and could lead to financial penalties for lenders.

Dennis Zember, Ameris' chief operating officer, was named CEO of the company's bank. Edwin Hortman Jr. will continue to run Ameris.

Alternative data can be beneficial for individuals locked out of the financial system’s more conventional data types, but such data is open to manipulation or biased interpretation.

Bank of America is launching several upgrades to its mobile app meant to make the product more fun and essential to customers' daily lives. It is also expanding digital-only branches through which customers communicate with staff by video.

PNC's new consumer lending platform will be marketed on a national scale.

The $32 million purchase of Sunshine Financial will provide First Bancshares with its first branches in Tallahassee, Fla.