Retail & Commercial

With payday loans in regulators' cross hairs, banks are looking to check cashing as a way to bring in new customers and boost fee income.

New York State's crackdown on online lenders has ensnared a Chicago company that makes loans backed by a borrower's car.

Urban Partnership Bank in Chicago is selling a branch, has launched an online banking platform and has made an unusual offer to customers.

Fiserv was supposed to post a note on the website of an N.C. bank that BNC recently bought that redirected the acquisition's customers to BNC's site. Unfortunately, the note appeared on the wrong website -- that of a nearby rival.

The docket at the U.S. Second Circuit Court of Appeals quickly attracted appeals to Judge John Gleeson's Dec. 13 ruling to approve the class-action swipe-fee settlement on an antitrust case that has lingered in his court for nearly nine years.

Mobile commerce provider Spindle and mobile payment company iPayMobil have partnered to enable merchants to offer credit.

Sierra Bancorp (BSRR) in Porterville, Calif., has tapped Kevin McPhaill to be its president and chief executive-in-waiting.

The Consumer Financial Protection Bureau and four state attorneys general on Monday announced a series of lawsuits against CashCall Inc., a California-based online loan servicer accused of usury and deceptive collection practices through its affiliation with the online lender Western Sky.

The Federal Trade Commission is taking action to stop a mobile phone cramming operation that has placed tens of millions of dollars on consumers’ mobile phone bills without their permission.

Zions Bancorp (ZION) said the Volcker Rule will force it to take a $387 million charge on its portfolio of collateralized debt obligations.