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Equifax observed an increasingly well-worn ritual of scandal-ridden firms by jettisoning CEO Richard Smith: apologize, promise to do better in the future, and sacrifice your top executive in the hopes it will ward off action by Congress and regulators.
September 26 -
Separate apps for banking and PFM are too much for most customers to handle, so the Canadian bank is adding automated advice and savings to mobile banking — and it’s relying on artificial intelligence and predictive analytics to make it all work.
September 26 -
American Banker's No. 3 Most Powerful Woman in Banking is embracing a major challenge in molding a commercial finance company with a spotty history into a profitable, middle-market bank.
September 26 -
Mark Thompson had previously been a CenterState regional president overseeing the South Florida market.
September 26 -
Inevitably, Equifax’s CEO Richard Smith has left his post. For the credit bureau's sake, let's hope it has a long-term plan that's better than promoting from within.
September 26 -
The accounting firm says only a "very few" clients were affected by the cyberattack; former CEO Mike Cagney's wife, the lender's chief tech officer, is leaving.
September 26 -
Theodora Lau, director of market innovation at AARP, says financial companies and fintechs should consider the over-50 crowd in their app designs.
September 26 -
In a new book, Mehrsa Baradaran argues that the same forces of poverty that African-American banks were supposed to alleviate are now holding them back.
September 25 -
Chemical Financial and Fidelity Southern are the latest banks to curtail auto lending, blaming trends in auto sales and overheated competition.
September 25 -
Credit unions are getting lots of recognition for the good work they do, but they're also making sure to hand out plenty of awards of their own.
September 25












