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It's long been understood that there's a digital divide between Black banks and credit unions and other depositories. A new Urban Institute analysis looks at the prevalence of online banking services and mobile apps — and finds a chasm between the haves and have-nots.

A decline in deposits at many banks is putting upward pressure on loan-to-deposit ratios, a key metric of liquidity. The sharpest increases have come at banks with between $3 billion and $10 billion of assets.

The investment firm is partnering with Appian, a low-code software company, to ramp up automation.

House Financial Services Committee Chairman Patrick McHenry's, R-N.C., bill would overrule state privacy rules.

Despite the positive trajectory, a joint report from the Federal Reserve, Federal Deposit Insurance Corp. and Office of the Comptroller of the Currency pointed to potential distress on the horizon.

Jodie Harris is leaving the Community Development Financial Institutions Fund this spring to be president of the Philadelphia Industrial Development Corp.

TD Bank gets approval to buy a U.S. brokerage, Western Union adds installment payments, and American Express is awarding $1 million in grants to restaurant operators. These stories and more in banking news this week.

Employees at LMCU's Bonita Beach Road location in Florida announced their intent to organize to address claims of being overworked.

The fresh round of sanctions and export controls on more than 250 individuals and entities includes MTS Bank, which has branches in Moscow and Abu Dhabi.

Reducing access to funding would harm both homebuyers and communities across the country.

The card network is offering incentives to help cash-strapped small businesses eke out savings they can't get on their personal cards.

The Fort Wayne-based credit union hired David Shadburne to replace Greg Mohr, who is retiring.

Goldman Sachs said that investigations and inquiries into its credit-card business has expanded beyond the Consumer Financial Protection Bureau to include other government agencies.

The rise of e-commerce during the pandemic has fueled demand for warehouse space as companies look to move their products closer to their customers. While a slight slowdown is now under way, bankers still see plenty of business ahead.

Executives at Wayne Savings Bancshares and Main Street Financial grew progressively more comfortable with the idea of a deal during six months of talks, Wayne Savings CEO James VanSickle says.

Attorney General William Tong is asking state lawmakers to grant his office more power to investigate consumer complaints after problems marred M&T Bank's integration with People's United Financial.

A pair of payments startups are getting strong traction with products that can be used to counter a recent slump in charitable giving.

Goldman Sachs is offering its richest clients access to a fundraising round for Stripe, the payments giant that's trying to raise billions in part to cover a looming tax bill.

Persistent inflation concerns drove the 30-year average up 41 basis points this month.

Auto title lender TitleMax was ordered by the Consumer Financial Protection Bureau to pay a $10 million fine and $5 million in restitution for overcharging servicemembers and altering their personal information to avoid detection.