Banking

Several fintechs are testing apps that let customers gain more say over how third parties use their data — and hope to one day be able to give them the power to revoke access to it entirely.

With a divided Congress in place, policymakers will face challenges in passing major financial legislation this year. But there are still a number of core issues set to be debated.

Bank OZK's George Gleason, one of our community bankers to watch in 2019, needs to rein in the Arkansas bank's commercial real estate exposure to placate nervous investors.

Spirit Community Bank is the 15th bank to get the agency's approval this year. That list also includes Community Bank of the Carolinas, which was approved in early December.

A Colorado businessman's request for a preliminary injunction to stop the bank from using the name “Erica” has been denied. The overall case could still go to trial, but skeptical comments by the judge suggest BofA will likely prevail.

On Sep. 30, 2018. Dollars in thousands.

As 2018 draws to a close, here's one more look at some of the year's most interesting stories and a glance at what 2019 may have in store for credit unions.

Legislators' attempts to reopen the government could hamper credit union advocacy priorities as the new Congress convenes.

The Massachusetts progressive said in a New Year's Eve email and video message to supporters that she’s launching an exploratory committee for a 2020 bid, which could give her an early edge in fundraising among several potential rivals for the Democratic Party nomination.

The information you need to start your day, from PaymentsSource and around the Web: PNC tests a screen card; Grab funding grows; wearable tech in China; and more.

The U.S. fintech hopes its service will help encourage financial inclusion in Mexico, where 65 percent of the population is in the informal economy.

The year saw anxiety over how banks would respond to record consumer debt, disruptive glitches at TD Bank and SunTrust, ongoing scandal at Wells Fargo, and much, much more.

James McLemore, one of our community bankers to watch in 2019, has more energy loans to purge and must exit the Small Business Lending fund and a BSA-related enforcement action.

Both sides acknowledge where expectations haven't been met, and are feeling the same market pressures to adapt faster.

A state-backed bank would not be financially feasible because capital requirements would be too high and it likely wouldn’t return profits to the state for at least 30 years, consultants concluded.

Both sides acknowledge where expectations haven't been met, and are feeling the same market pressures to adapt faster.

The cost of Wells Fargo's scandals continues to rise as regulators from all 50 states forced the institution to pay hundreds of millions in penalties for the creation of fake accounts, improper enrollment in life insurance, force-placed auto insurance policies and other activities.

The branch closures will reduce overhead by an estimated $1.9 million a year.

JPMorgan Chase’s planned expansion into more than a dozen new markets threatens community banks and larger institutions alike.

The information you need to start your day, from PaymentsSource and around the Web: subscription startup raises millions; scam Alexa app; drone delivery backlash; and more.