Retail & Commercial

TCF Financial in Minnesota has launched a set of products targeting low-income customers. The company, which has closed a fifth of its branches in recent years, hopes underbanked clients will boost traffic at its remaining locations.

A report by the Conference of State Bank Supervisors found that consolidated companies with money transmitter licenses fell more than 10% from 518 in the first quarter of 2015, to 456 this year.

FleetCor has partnered with IBM Cloud services to help manage increasing customer demand and data as it grows its business into new markets.

Fleet card provider WEX has extended its fuel management program with QuikTrip, a convenience store and gasoline marketer.

Shore Community Bank in Toms River, N.J., has called on some old friends to lead the board of directors.

Overall household debt rises while consumer repayment rates improve, according to the Federal Reserve Bank of New York's latest Household Debt and Credit report.

Bank of the West has launched a new program in which it loans star employees to local nonprofits. Apart from deepening its community ties, the program is giving the bank fresh insight into what makes nonprofits tick while providing valued staffers with new growth opportunities.

Yadkin Financial, a North Carolina community bank, is exploring a sale and working with Sandler O'Neill & Partners to solicit offers, according to people familiar with the matter.

Wells Fargo & Co. agreed to pay a $70 million penalty in ending the bank's five-year fight to settle legal claims over foreclosure missteps after the 2008 credit crisis.

Two operations that allegedly ran student loan debt relief schemes are being targeted by the FTC and regulators in Florida while defendants in a similar action brought earlier this year agreed to a ban.