Banking

The 100 dismissals in asset management follow job cuts in other divisions; the agency cites the lack of protections against fraud and market manipulation.

The information you need to start your day, from PaymentsSource and around the Web. Today: Americans keep more funds in PayPal accounts than their wallets; Coins decline in the U.K.; ZenCash changes its name; Coinbase adds payment support.

With a rare central Pacific storm set to bring as much as 20 inches of rain on the Big Island, credit unions across the state are shutting down, following the lead of schools, state employees and more.

What are community banks doing with savings from the corporate tax cut? Several CEOs share how they've put that money to use.

A Maryland-based credit union is suing the nation's largest CUSO in a dispute related to call center services provided by PSCU.

During the recent Online Discovery Conference from CUNA Mutual Group, one analyst offered a series of tips for how credit unions can make the most of lending in a changing interest rate environment.

A heist in India appears to be the very thing U.S. law enforcement had foretold. But banks shouldn't let their guard down, because cybercrooks have raised raids on cash machines to an art form.

Enforcement actions are on the rise despite recent rollbacks of regulations. Fair lending, money laundering compliance and CRA remain focal points for examiners.

Banks should update their online and mobile applications — bigger font sizes, perhaps — to ensure their offerings are accessible to older customers.

The Illinois company will become one of the area's top 10 banks after buying Bank of Edwardsville.

Bank to offer 100 free stock or ETF trades to customers; the BofA unit will deposit uninvested client cash in banks, not money market funds.

The information you need to start your day, from PaymentsSource and around the Web. Today: Walmart still doesn't support Apple Pay; Paytm builds a cloud in India; Football clubs support bitcoin; First Data pushes into real estate payments; China cracks down on cryptocurrency news.

Community bankers take pride in their personal touch with customers, but they must extend it to mobile platforms. A good start is creating digital hubs that let customers view their full financial picture in one place, a chief technology officer says.

The agency said the market for larger rental investors may not need additional liquidity from Fannie Mae and Freddie Mac.

Eagle Bancorp Montana is gaining four branches and $94 million in deposits with its $19 million purchase of Big Muddy Bancorp.

The Troy, Mich., company is operating unfettered by regulatory orders for the first time in a decade, and its CEO says Flagstar now has the flexibility to pull the trigger faster on deals and accelerate its diversification beyond mortgages.

FVCBancorp will use part of the proceeds to help pay for its pending acquisition of Colombo Bank.

Thibault Fulconis recently became CFO of the digital banking venture Varo Money, which has applied for a national bank charter.

Student loan demand continues to climb alongside rising rates and tuition costs, but new proposals from the Department of Education are adding further complications for potential borrowers.

Hanmi Financial in Los Angeles will pay more of the deal price in cash, prompting SWNB Bancorp to postpone its shareholder vote.