Retail & Commercial

PayPal is enabling monthly installment for larger purchases and offering business consulting, a move that will allow the company to handle larger transactions and extend its merchant services.

U.S. auto lending is still booming, but those in the industry are not smiling as widely as you might expect.

The former Eagle Scout accused of running the $1.2 billion online drug bazaar "Silk Road" may face life in prison if convicted in a trial where jurors will hear allegations he tried to arrange the murders of six people.

Complaints about debt collection are growing among service members. There are now more than 11,000 complaints from service members, veterans and military families since the CFPB began accepting them 18 months ago.

Customers affected by cyberattacks frequently direct their wrath at financial institutions, whether or not a bank is responsible for the breach. Therefore banks need to have a strategic communications strategy in place.

Doral Financial continues to go back and forth with the Federal Deposit Insurance Corp. over the San Juan, Puerto Rico, company's capital restoration plan.

Malvern Bancorp in Paoli, Pa., has entered a partnership with Bell Rock Capital in Delaware to offer wealth management services.

COLUMBUS, Ohio—Telhio CU has purchased a former Huntington Bank branch here for $2.5 million, with plans to renovate and move in by early 2016.

Central Valley Community Bank in Fresno, Calif., plans to report a fourth-quarter loss because of a hefty chargeoff of commercial loans.

Online lending marketplaces claim that they will revolutionize the financial services industry. But financial companies need a lot more than high-tech prowess to achieve sustained success.