Retail & Commercial

Credit Karma settled Federal Trade Commission charges that it misrepresented the security of its mobile app and thus failed to secure the transmission of millions of consumers’ sensitive personal information.

WASHINGTON — Senate Banking Committee leaders said Friday they would hold a panel vote on April 29 to reform the housing finance system.

The Tennessee-based payday lending operation is accused of spamming thousands of people with unwanted text messages.

M&A has been marked by the pursuit of earning assets in recent years, but banks that have cracked the organic loan growth code are looking to buy deposit-heavy banks before interest rates rise.

MyECheck, a payment technology developer, has licensed its mobile payment system to three companies.

Cowboy State Bank in Ranchester, Wyo., has been freed from a written agreement with the Federal Reserve Board.

Profiling is good. Understanding customer needs is good. Proactively recommending products and services is good. But the timing you apply to those things matters.

Credit counseling agency GreenPath Inc., a non-profit firm also doing business as GreenPath Debt Solutions, has acquired Consumer Credit Counseling Service (CCCS) of Greater San Antonio.

Bank of America should win dismissal of a Justice Department lawsuit accusing it of misleading investors about the quality of loans tied to $850 million in mortgage-backed securities, a judge said.

Wal-Mart Stores has sued Visa for allegedly conspiring with banks to fix transaction fees, the latest salvo of a multiyear legal fight between retailers and card issuers.