Retail & Commercial

Bankers have almost become used to the intense growth of new rules in the five years since the financial crisis, but some see a light at the end of the tunnel as the agencies inch toward the end of Dodd-Frank rulemakings and the economy improves.

Most bankers are reluctant to shrink the size or number of their physical locations, but for the New Jersey lender ConnectOne, "the primary channel is no longer the branch on the corner." CEO Frank Sorrentino III discusses how ConnectOne has expanded its business in the competitive New York market by embracing technology instead of building many branches.

Bitcoin may get the most attention, but several merchants are beginning to accept a digital currency called Litecoin, the second largest digital currency by market capitalization.

Interest rates will rise sooner or later, and banks should be prepared to manage their risk exposures, according to a new report from the Federal Deposit Insurance Corp.

Banc of California suffered from growing pains -- and a big third-quarter loss -- due to rapid expansion. CEO Steven Sugarman must prove to investors in 2014 that his efforts are leading to a stronger company.

Sony Corp., which launched its new PlayStation 4 video game console last month, is updating and promoting the payment options consumers can use with its new and older PlayStation systems.

It should be obvious that no one in his or her right mind would design the bank regulatory system we have today. No third-world country's bureaucracy is so byzantine.

Target Corp., the second-largest U.S. discount chain, faces almost two dozen lawsuits filed by customers after a computer security breach exposed data on 40 million debit and credit cards.

Fidelity National Financial Inc. agreed to settle Federal Trade Commission charges that its proposed $2.9 billion acquisition of Lender Processing Services Inc. (LPS) would substantially lessen competition by combining the firms’ title plant assets in several local markets in Oregon.

Consumer statute lawsuits in November were consistent with the trend seen throughout 2013. Fair Debt Collection Practices Act and Fair Credit Reporting Act litigation both declined while Telephone Consumer Protection Act lawsuits expanded.