Banking

Rising wages and savings rates resulted in a decline in past-due payments in the second quarter, the American Bankers Association said in its quarterly report on delinquency trends in consumer lending.

Currently, the vast majority of bank tellers are female and most don’t earn a living wage.

Profits at big banks should be solid if not spectacular; the Vermont senator proposes a hard cap on assets held by the biggest banks.

The information you need to start your day, from PaymentsSource and around the Web. Today: Amazon invests in mobile pay tech in India; Danske bank tests contactless chip; Digital currency sponsors U.K. golf tournament; Coinbase tries to fix crypto fee instability.

The Office of the Comptroller of the Currency lowered the $14 billion-asset thrift in Cleveland to “needs to improve” from "satisfactory."

A new agency Web page has information on nearly every aspect of the agency's operations, including de novo applications, bank exams and failures.

Better incentives to lend and invest in underserved communities are also worthy of consideration, Loretta Mester says, as regulators try to blend the best of the Community Reinvestment Act with new ideas in updating its rules.

The agencies issued a joint statement on the types collaborative arrangements that a bank could employ to make BSA/AML compliance more efficient.

A two-year-old lawsuit by the CFPB may be languishing, but nine members of the Teachers Federation of America sued the student loan servicing giant alleging that it misled borrowers in public service professions in order to line its pockets.

Submissions for CU Journal's popular annual photo essay are due by 11:59 p.m. ET on Oct. 4, 2018.

For more than a year, the central bank has been under pressure to speed the development of a real-time payment system. But it faces tough questions about what its own role should be.

Hanmi alleges that SWNB's directors actively advised the Houston bank's investors to reject the merger.

Applications this year are more than double the 2017 mark and the most since 2009. But with some fintechs withdrawing their bids, observers are urging caution.

To personalize products and services, banks are now tracking all sorts of alternative data sources, even the manner in which customers type in mobile banking apps.

The regional bank is putting its corporate stamp on branches in the two states.

The Louisville, Ky.-based credit union has adopted Shastic's text message-based Elle platform in the hopes of expanding lending among younger members.

For her trailblazing career on Wall Street, Byrne will be honored on Thursday at American Banker’s Most Powerful Women in Banking gala in New York.

Banks are being encouraged to offer smaller loans as an alternative to payday products, but their high interest rates can still put consumers in debt.

Otting says the bank is not moving fast enough to repay customers who were unfairly sold auto insurance; lack of regulation lets traders use software to move prices.

Truebill, which started as a subscription management app and grew into one targeting bank fees, is now offering automated savings and financial management.