Banking

The head of the Consumer Bankers Association lays out four industry priorities for the regulatory push to overhaul the Community Reinvestment Act.

Data that exists as static facts and figures on a spreadsheet often has little in-the-moment value. But when it's real-time and expressed as a dynamic visualization, it becomes instantly digestible and increasingly actionable, according to Michael J. Alfonsi, senior vice president of digital solutions and strategy at Exela Technologies.

Blake Edwards Jr. will take the helm at the parent of Skyline National Bank when J. Allan Funk retires next month.

The OCC is looking into problems in the bank’s technology operations; banks turn to untraditional methods to raise revenue from research.

The information you need to start your day, from PaymentsSource and around the Web. Today: Starbucks expands in China and Japan; Crytpo-friendly governors set to take office; Australian wearable EMV debuts in U.S..; PayPal adds credit for small businesses in Germany.

Will it be a bigfoot from Amazon, Google and Apple, or death by a thousand bites from niche rivals? Or can banks rally and fend off the insurgents?

Banking industry groups said they were vindicated by the defeat of the ballot measure, but public banking advocates plan to keep pushing the idea.

The Virginia company said that Carolina State Bank is on pace to open later this month.

During his time as U.S. attorney general, Jeff Sessions was an outspoken opponent of the legalization of cannabis sales. Now that Sessions has resigned, legal marijuana is poised to become a growth industry.

The results won’t do much to stimulate loan growth but could still provide the boost that investors have been waiting for.

Reversing a previous order, the Texas judge granted part of the bureau's request to stay the effective date and allow time for the agency to work on changes to the rule.

The head of the agency developing the special-purpose federal license said the process is moving forward “independent” of legal challenges mounted by state regulators.

The passage of Proposition 111, which also prohibits lenders from adding origination and monthly maintenance fees, makes Colorado the fifth state to impose caps on payday loans through a voter referendum.

With the midterms finally over, we discuss how the results will affect regulatory and legislative policy for financial institutions going forward — as well as how they'll affect the 2020 race.

The consortium is starting out with a dozen banks and could have 50 within a year.

After the retail giant filed an $800 million lawsuit against its former credit card partner, shares in Synchrony plunged. Now analysts fear its relationship with Sam’s Club may be in jeopardy.

The midterm elections virtually eliminate the chance that progress will be made on financial services legislation.

The bank says a calculation error led it to deny help to distressed homeowners; a former U.S. deputy attorney general will help with in the 1MDB fraud scandal.

The Mississippi company will pay $86 million for seven branches with $318 million in deposits.

The information you need to start your day, from PaymentsSource and around the Web:. Today: Election results portend less deregulation and consumer focus; Facebook faces GDPR investigation in Ireland; Cryptocurrency giveaway; Orange County adds mobile transit pay, Emirates NBD pilots open banking.