Retail & Commercial

BMO Financial Group has recruited Niti Badarinath from U.S. Bancorp to manage its online, mobile and physical channels in North America.

First Farmers Financial in Converse, Ind., has agreed to buy Citizens Exchange Bank in Fairmount, Ind.

A Delaware-based collection agency will handle billing for millions of dollars in unpaid claims on services provided to a county hospital in California.

Indiana Attorney General Greg Zoeller is urging Indiana members of Congress to work to restore a longstanding prohibition on student loan debt collectors from using robocalls to cellphones.

A new International Association of Commercial Collectors survey, “What I Wish My Clients Knew, What I Wish They Told Me,” suggests that by closing any gaps in record-keeping and consistently following credit and collection procedures, commercial creditors would eliminate some of the biggest obstacles to collection.

With the CFPB poised to finalize regulations on overdraft fees, it is important to realize how much the product helps informed consumers.

The Consumer Financial Protection Bureau is pushing back against a lawsuit from PHH Corp. that claims the agency erred in overturning an administrative law judge's recommendation to limit the amount of penalties it could face.

Millennials are increasingly shunning big banks and going local with their money.

Monetary incentive plans are vital for keeping your best employees, but sometimes other gestures that cost basically nothing make a bigger impact.

Over the last several months much has been made about the New York BitLicense.