Banking

Credible Labs, which lets consumers shop for the best rates on student loans, mortgages and other credits, would be part of an evolving digital strategy at Fox after the multibillion-dollar sale of many of its traditional media assets to Disney.

China's decision to stop buying U.S. soybeans and let its currency depreciate raised the prospect of further interest rate cuts. That hurt banks slightly more than the rest of the market on what was a bad day for all equities.

Beacon Business Bank hired former Boston Private executive John Delaney as its new leader.

Banks have to do a better job of protecting personal information about their customers' children.

Though the use of alternative data in lending is seen by some as untested, several fintechs say they couldn't function without it.

Year to date Mar. 31, 2019. Dollars in thousands.

The Jacksonville, Fla.-based credit union is the initial investor in PayverisCU, which will help members with financial wellness and money management.

On Mar. 31, 2019. Dollars in thousands.

On Mar. 31, 2019. Dollars in thousands.

Community banks shouldn’t wait for the Fed to create a new real-time payments rail when consumers are already flocking to other options.

The new products, along a 2% cash-back credit card, are aimed at helping customers build savings and reduce debt.

With the loan-to-savings ratio at its highest point in four decades, some CUs have limited options to boost their funding.

Banks have to do a better job of protecting personal information about their customers' children.

The CEO's tenure lasted just 18 months; the former FDIC chair says having Congress more involved in setting accounting standards "could well backfire on the banks."

The information you need to start your day, from PaymentsSource and around the Web. Today: R3's expanding in London; Wirecard makes a contactless play in Italy; Poshmark's breach; Nexo offers a credit card for crypto; South Korea opens testing for blockchain.

Open banking could help credit unions retain and attract new members but concerns remain around data privacy.

It’s hard to time the next economic slowdown. But lenders, many with lingering memories of the financial crisis, are taking steps now to limit exposure in commercial real estate, construction and other loan segments.

These banks posted strong quarterly results at a time when many others struggled with thinner margins and rising expenses.

A fight between Democrats and Republicans over a proposal to let the SBA’s Office of Advocacy challenge rulings made by other government agencies is threatening to hold up funding for small-business loan guarantees.

Walmart has filed a patent application for a digital currency that, like Facebook's Libra, would be a stablecoin backed by traditional currencies. And it envisions a very specific use case where its coin could stand in for cash — or even for a bank account.