Retail & Commercial

As budget questions loom over the most popular Small Business Administration loans, lenders have embraced the previously overshadowed 504 program after a key policy tweak.

Flybits is building a marketplace to connect banks with third parties that might want to share data across channels.

CrossFirst Bankshares intends to use its share of the proceeds for general corporate purposes, including support of future growth, according to a registration statement.

The credit card issuer reported expense growth that rose faster than net interest income during the second quarter.

In a registration statement filed with the SEC, the company revealed new details about its financial performance and its growth plans.

Credit unions reported gains in a number of key areas but member business lending and new auto loans took a hit as overall growth continued to slow.

While executives at the Buffalo, N.Y., bank said they would take a closer look at spending, especially given the potential for interest rate cuts, they described investments in tech talent as an essential cost of doing business.

The company, which announced the conclusion of a three-year-old credit card partnership with TD Bank, is shifting to digital financing of individual consumer purchases.

The challenger bank startup will use the new cash to double its U.S. headcount.

The current overdraft rules could use some tweaks, but it should largely remain the same to protect consumers.