Retail & Commercial

The Consumer Financial Protection Bureau on Tuesday clarified that when a borrower dies, the name of the borrower’s heir generally may be added to the mortgage without triggering its' Ability-to-Repay rule.

FICO, a predictive analytics and decision management software company, and Kaggle, a firm that runs predictive analytics competitions, announced that FICO will host Kaggle competitions in the FICO Analytic Cloud.

The arrest of a Russian man who is accused of hacking into U.S. retailers' computer systems to steal credit card data has sparked claims from Russian authorities Tuesday that the U.S. violated a bilateral treaty.

The telco-operated Isis mobile payments initiative plans to rebrand to avoid carrying the same name as a Middle Eastern militant group referred to as "ISIS" by western journalists.

Collection law firm Pressler and Pressler violated the Fair Debt Collection Practices Act by not conducting a "meaningful review" of a collection action filed against a consumer, a U.S. district judge has ruled.

Unless we return the Farm Credit System to its original mission, taxpayers could be on the hook for a bailout in the near future and farmers’ access to credit could be reduced, writes Rep. Marlin Stutzman.

Amex has rules that bar merchants from steering their customers to a particular card – perhaps by offering a discount if you use Visa – and the government alleges that these rules violate antitrust law. What’s this case all about? American Banker's editors discuss.

MVB Financial (MVBF) in Fairmont, W.Va., has raised more than $37 million by issuing subordinated debt and selling preferred stock.

Sun Bancorp (SNBC) in Mount Laurel, N.J., has provided more details on its sweeping restructuring initiative.

Overstock.com plans to offer faster payouts to vendors and larger bonuses to employees to encourage bitcoin payments.