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The Consumer Financial Protection Bureau has suggested that financial institutions get busy on implementing consumer protections for real-time and faster payments.
July 9 -
S&T Bancorp in Indiana, Pa., has promoted Jim Mill to chief information officer. In the newly created position, Mill will oversee the $6 billion-asset company's technology infrastructure and maintain its progress in offering new products.
July 9 -
BankFirst Capital in Columbus, Miss., has agreed to buy Newton County Bancorp. in Newton, Miss.
July 9 -
Deposit premiums could rise at 20% of banks with up to $10 billion in assets. Many of those banks could rethink asset concentrations that would trigger higher assessments.
July 9 -
A new crop of P-to-P loan platforms is focusing on commercial real estate loans that get ignored by banks.
July 9 -
JPMorgan Chase has continued to take steps towards satisfying its portion of the residential mortgage-backed securities settlement, according to the independent monitor put in place to track the bank's progress.
July 9 -
Chemung Financial in Elmira, N.Y., has promoted Anders Tomson to president and chief operating officer. Tomson had been president of Chemung Financial's Capital Bank, the name the company uses in its Albany County and Saratoga County, N.Y., markets.
July 9 -
The federal government has taken the unusual step of suing a dead bank president's estate for repayment of bailout funds the bank received during the financial crisis.
July 9 -
The operators of a fraudulent collection scheme are banned from debt collections in a settlement of Federal Trade Commission charges that they bilked millions of dollars from Spanish-speaking consumers.
July 9 -
In nearly two decades of payday lending, Charlie Hallinan stayed one step ahead of state laws while amassing a fortune one high-interest loan at a time.
July 9
