Banking

The unit is under investigation by federal agencies for misrepresenting pricing; investment bankers are looking at a possible 15-20% drop in bonus money.

The information you need to start your day, from PaymentsSource and around the Web. Today: Mercedes-Benz concept car supports ride app and delivery; Motiv's new pay and fitness ring; A tech update dings Google Pay; China Mobile adds token incentive to water purification.

From anti-money-laundering reform to pot banking, there are deals to be had on financial services legislation. The question is whether anyone wants to make them.

In venturing into what's normally a province of large banks, nbkc in Kansas City, Mo., discovered innovative tax-management and other products that it could offer to its own customers or sell to other banks.

More consumers fell behind on their loans in the third quarter of 2018, even as average wages rose and the unemployment rate fell to a 50-year low.

The agency is unable to process loan applications and faces a daunting backlog once Washington returns to work.

Issuers should take seriously critics’ claims that they need to monitor the sale of guns more closely, before policymakers force the issue.

George Scharpf had been the New Jersey bank's leader since 1981.

The credit union service organization based in Florida has returned more than $500 million in patronage dividends since 1994.

The information you need to start your day, from PaymentsSource and around the Web: Visa's car payment plan; Amazon Key expands; Samsung's fridge calls an Uber; and more.

The $128 million acquisition will provide First Financial with its first branches in Kentucky and Tennessee.

4.5% rates could trigger more homebuying and refinances; Sherborne Investors wants a seat on the bank’s board so it can facilitate change.

CEOs on the hot seat. Banks fighting to stay independent. Comfortable players ripe for disruption from Amazon and others. It is shaping up as a riveting year.

Automating the loan application process is a potentially game-changing development that could put more car shoppers in control of which bank or credit union finances their purchase.

Investments in software can speed up decision-making and help traditional lenders better compete with fintechs for creditworthy customers who want their loans quickly.

Northeast Bancorp also expects the move to make it more efficient.

Now the third-longest shutdown in history, there are few signs the government will reopen anytime soon, and that's causing problems for lenders.

River Road Financial has agreed to buy Mississippi River Bank in a deal that will bring in a new CEO.

As consumers continue to migrate to banking apps, it may be tempting for banks to focus solely on improving that channel experience. But doing so would be making the same mistake as focusing only on cards or cash at the point of sale.

On Sep. 30, 2018. Dollars in thousands.