Banking

The Arkansas company will pay $170 million to buy Reliance Bancshares.

The online lender will roll out its first new product in 12 years, a home equity line of credit. But it's taking a different approach than with its original offering.

The information you need to start your day, from PaymentsSource and around the Web. Today: A breach at Nordstrom; Mobile pay deal in South Africa; Pay.UK expands data reach; Flipkart CEO resigns; Hackers hit Target's Twitter account.

The California company will pay $280 million for Leerink Holdings, which focuses on health care and life science firms.

The bank recently notified an upstate New York man that he was wrongly denied a mortgage modification, and enclosed a $25,000 check. But details of what went wrong have been hard to come by.

The mutual holding company received regulatory approval to form a limited-purpose commercial bank, allowing it to work around a state law barring mutuals from working with municipalities.

Fifth Third Bank customers were swindled out of over $100,000, but not because the bank didn't have protection in place.

A new report finds credit unions' edge in satisfaction rates has all but been wiped out, while a separate study finds negative interactions with CU staff could have a big impact on the bottom line.

While they won’t be in position to enact legislation, House Democrats could use their newfound power to spotlight issues that Republicans have largely ignored, including the exploding levels of corporate debt.

The company will also restate financials for the first half of 2018 to correct how it classified cash flow activities tied to commercial mortgage warehouse lending.

The proposed merger of two family-owned institutions would create a $5 billion-asset bank in Texas.

The Memphis-based CUSO, known for its NewSolutions system, signed six credit unions, all with assets under $140 million.

With fraud rising alongside mobile deposit usage, credit union executives needed a way to solve the problem without making the process burdensome to employees and members.

Organizers of Community Bank of the Carolinas in Winston-Salem have raised $13.6 million. The group has to bring in at least $25 million.

Motor vehicle agencies are better suited to vet customers’ identities than banks; Goldman unit is stealing customers from big U.K. banks.

The information you need to start your day, from PaymentsSource and around the Web. Today: Mastercard opens hub in Australia; Grab adds more financial services; EBA pushes Request to Pay in Europe; Ripple wants its XRP suit transferred.

Serial neobank entrepreneur Anthony Thomson is building his third institution, this one in Australia. Here's what he's learned about the industry as he embarks on another run.

A judge dismissed two of the six counts against the Mass.-based credit union, meaning DFCU will join several other CUs nationwide facing similar suits.

Consolidation across the financial space isn't going to slow down, but one analyst says credit unions have a significant advantage over the competition.

Top executives at Advance America acknowledged that anti-money-laundering concerns at banks were likely the cause of account terminations, even as they publicly blamed a stealth regulatory campaign.