Banking

Add the Alabama company to the list of lenders that are disappointed in the returns on loans made through car dealers and their inability to build broader relationships with those borrowers.

Several groups have gone public with plans to start a bank since the state enacted a law to make it easier, but none have actually filed with the FDIC.

The New Jersey company said the issue, tied to insufficient validation procedures, did not lead to misstated financial results.

Fincross, based on the island of Mauritius, is launching a regulated investment bank for digital assets. It faces tough competition.

On Sep. 30, 2018. Dollars in thousands.

On Sep. 30, 2018. Dollars in thousands.

Events like the recent government shutdown present opportunities for banks to help customers when they need it most.

On Sep. 30, 2018. Dollars in thousands.

Community banks can’t afford the digital banking services customers demand; Vanguard's "banklike" cash management service couldn't match banks' offerings.

The information you need to start your day, from PaymentsSource and around the Web. Today: Banco Sabadell demos "hand" payments; Amazon plots grocery chain; U.K. consolidates payment groups; Klarna and PayBright collaborate in Canada.

A legal memo conducted on behalf of the trade group says the agency’s policy goes beyond statutory intent and places undue restrictions on healthy banks.

Credit unions haven't dipped into subprime lending as much as other lenders, which has helped protect the industry – but there could still be major speed bumps ahead.

The Arizona-based CUSO returned $6.2 million in cash rewards to its credit union members for 2018.

The latest Credit Union Trends Report from CUNA Mutual Group shows strong performance in membership growth and delinquencies, but lending is beginning to slow and could slow further by next year.

JPMorgan's Dimon: Square innovated where we should have; this company simplifies bank switching (and banks pay for it); BB&T-SunTrust deal has Atlanta banks licking their chops; and more from this week's most-read stories.

The answer depends who you ask, but an analysis of deposit and loan trends offers some insight.

FNB Bancorp in Utah, which is being sold to Glacier Bancorp, decided that the Montana bank's decentralized model would save jobs and give its management team more autonomy.

At least five banks have warned about the potential loss of tax benefits if it is proven that DC Solar operated an investor scheme.

The U.S. embassy wants to meet with Sweden’s financial regulator over AML concerns; revelation that he borrowed to buy Barclays shares doesn’t sit well with others.

The bank gained $45 million in PACE financings, which let homeowners pay back the costs of efficiency projects over time.