Retail & Commercial

Citizens Financial Group in Providence, R.I., has named Christine Cumming, a former Federal Reserve Bank of New York executive, to its board.

Some of the world's biggest banks, including JPMorgan Chase and Barclays, are exploring the use of bitcoin's underlying technology to overhaul financial markets.

The Better Business Bureau of Central and South Alabama is warning consumers about a collection law firm that allegedly is telling people to pay or go to jail.

Apple Pay, Google Wallet and other platforms have the potential to change consumers' payments habits. If retail payment networks want to keep their brands visible, they might need to consider giving these platforms a slice of the interchange pie.

Consumer credit default data for August showed small increases in numerous default rates, according to the S&P/Experian Consumer Credit Default Indices released Tuesday.

A growing number of experts agree: Complaints against debt collectors are down, and debt collectors still outrank other industries in complaint resolution.

The California Department of Business Oversight, which regulates financial services and products, has promoted Debie Abella to head of bank regulation and supervision.

The Internal Revenue Service’s Automated Collection System lacks key controls for selecting which delinquent tax cases to pursue, according to a new report by the Government Accountability Office.

The banking industry has taken notice of the news that the Federal Deposit Insurance Corp. plans to change the way it assesses banks with less than $10 billion in assets for deposit insurance coverage.

Brayden McCarthy and Jared Hecht of Fundera argue that the Small Business Borrowers' Bill of Rights, a self-regulatory document written by online small-business lenders, should serve as a template for future government regulation of the sector.