Banking

The acquisition of Radius Intelligence fits with the online lender's existing focus on small commercial borrowers.

A year after the major credit bureaus agreed to strip tax liens and civil judgments from consumers' credit files, a new study says it is hampering lenders' credit decisions. But proponents of the move insist it was the right call.

The Dallas bank has recruited three executives from Deutsche to establish a unit in New York that holds assets in escrow for clients.

Pockets of job growth — in technology and compliance as well as from branch openings in new cities — are offsetting some of the dramatic cuts elsewhere at the world’s largest lenders.

Year to date through Jun. 30, 2019. Dollars in thousands.

Year to date through Jun. 30, 2019. Dollars in thousands.

Institutions that don't fully provide information on how they provide access to deposited funds could be putting their members and the credit union at risk.

An agency with a mission to protect consumers deserves to have a role in approving M&A deals.

A growing number of companies, led by Walmart, are offering payroll advance loans to their workers; Christian Sewing said he will invest 15% of his net earnings in the German bank’s struggling shares.

The information you need to start your day, from PaymentsSource and around the Web. Today: Apple Pay's still has a small share in the U.S.; Gender gap persists in the payments industry; VCs invest in bank-to-bank payments; TGI Fridays suffers a breach in Australia.

Seeking to expand financial services access, tribal officials and some firms want regulators to award Community Reinvestment Act credit to any bank that funds projects in Native American communities.

At the same time, consumers hold banks to tougher disclosure standards than government agencies, health care organizations and retailers, according to Experian.

Joseph Campanelli, CEO of Needham Bank, wants to be ready to scoop up mutuals struggling with rising costs and yield curve challenges.

A look back at some of the coverage from Credit Union Journal's special report for August.

The core-banking provider Temenos, based in Geneva, was drawn to Kony's strong U.S. presence, its software for banks and a special app it owns.

Bank Iowa will gain a branch in a neighboring market when it completes the acquisition.

Brad Dinsmore, who will also serve as the California company's president, once was in charge of several key lines at SunTrust, including consumer banking and private wealth management.

The debate over the CFPB's plan to revamp its payday lending regulation should focus on the benefits for borrowers.

Farmers will pay $40 million for the bank, which is in an affluent area in northeast Ohio.

The bank elevated three senior executives who could be possible successors to CEO Sergio Ermotti; the move to a new rate benchmark won’t trigger a “tax event.”