Banking

Year to date through Sep. 30, 2018. Dollars in thousands.

Regulators are considering reforms to the Community Reinvestment Act, but it’s not clear that the law is needed anymore.

Social Finance, the lending and refinancing startup valued at more than $4 billion, is cutting about 7% of its staff, according to a person familiar with the matter.

Coca-Cola Co.’s ‘Share a Coke’ campaign saw the beverage maker turn to Experian to help it pick the most popular names among likely soda drinkers in Britain, and printed them where its iconic logo is usually placed.

The bank would add to monitoring of employees outside the U.S. in response to the 1MDB scandal; financial firms seek help to automate more systems.

Last week the car manufacturer said it would cut jobs and close factories. Now credit unions in the affected areas are considering how the news will affect their members and themselves.

The information you need to start your day, from PaymentsSource and around the Web. Today: Mastercard makes a deal with WestJet; Target may offer Apple Pay; DJ Kahled and Floyd Mayweather settle ICO charges; Glance adds a bitcoin feature.

Our Best in Banking honorees for 2018 share some of the smartest bits of advice and blows from the school of hard knocks that they've received over the years — and who (or what) supplied them.

The financial industry is not expecting movement on a lot of legislation given a divided Congress, but one measure is beginning to attract widespread attention.

On Jun. 30, 2018. Dollars in thousands.

To convince skeptical bankers about the benefits of distributed ledger technology, some suggest it needs to be separated from the volatile digital currency it underlies.

Zions' Harris Simmons named Banker of the Year; distilling the hopes and hang-ups around CRA reform; new grist in still ongoing debate over Operation Choke Point; and more from this week's most-read stories.

The federal regulator cited recent “cost savings” and promising projections for costs and revenue next year in announcing the reduction in assessments.

Its bid for El Dorado Savings wasn’t the highest, but PacWest's image as a skilled dealmaker added value to its offer in the seller’s eyes.

The Treasury Department announced the initiative just as the leaders of the three countries signed a multilateral trade pact to replace the North American Free Trade Agreement.

The information you need to start your day, from PaymentsSource and around the Web. Today: Paytm offers enticements to merchants in India; Mastercard pushes development in Poland; Revolut gets regualtory support in Asia; Sinemia adds debit card to movie ticketing.

The central bank may be looking at other benchmarks besides the fed funds rate to conduct monetary policy; dropping human appraisers from most home sales raises concerns.

The Amazon effect and rules such as PSD2 and GDPR are threatening technology laggards in traditional financial services, contends Stephen Menon, vice president of product at Finn AI.

Her guidance of a former credit union through the crisis and into a profitable bank, her advocacy for reg relief and other industry priorities, and her vocal support of women seeking to knock down many of the same workplace barriers she faced make her one of our Best in Banking honorees.

Readers weigh in on consumers taking on more debt, President Trump's criticism of the Federal Reserve and Zions CEO Harris Simmons as Banker of the Year.