Banking

As memories of the financial crisis fade, consumers are back to their old spending and saving habits — and that could be a big problem.

Time is running out to apply to win one of Credit Union Journal's Best Practices Awards.

The credit union service organization focuses on predictive modeling, business intelligence and technology services.

The announcement follows a news report that said it routinely and without notification charged higher rates than it initially quoted.

More than 137,000 credit union members will now have access to the online car-buying program.

Colony Bankcorp has recruited two executives in addition to buying a branch and a vacant lot from Planters First Bank.

Some startups are eschewing San Francisco and New York to set up shop in the middle of America. And for good reason.

Once a hotbed of activity, the region has reported the fewest bank mergers since the financial crisis.

The company defended its prices for currency conversions after a report said employees boosted rates for some business customers without notifying them.

Year to date Mar. 31, 2018. Dollars in thousands.

On Mar. 31, 2018. Dollars in thousands.

Allowing alternative data such as rent and utility payments has bipartisan support, but some say it could create more problems than it solves.

On Mar. 31, 2018. Dollars in thousands.

The cryptocurrency-focused merchant bank Galaxy Digital, led by a former Goldman Sachs partner, will start trading on a Toronto exchange this week. Its journey is a cautionary tale in regulatory risk.

Banks should continually try out new technologies, even after failed experiments.

The information you need to start your day, from PaymentsSource and around the Web. Today: Chinese E-commerce challenger Pinduoduo scores a huge IPO; Moviepass runs out of money; Japanese printing company launches a payments project; SafeWallet offers cryptogifts.

The former SoFi CEO raises funds for his new venture despite recent admissions about dating employees; female employee says Mel Watt harassed her.

Banks that have decided to use Hyperledger Fabric now have a place to find apps that run on it — apps that someone else has tested. The store, LedgerConnect, is also meant to give vendors a way to distribute their wares to banks.

The roster of potential witnesses at the trial of President Trump's former campaign manager includes current and former employees of Citizens Financial Group, Banc of California and The Federal Savings Bank.

Kathy Kraninger, a senior official at the Office of Management and Budget, largely avoided answering direct questions at her nomination hearing.