Banking

Aggregate data from analytic and predictive modeling is helping State Employees' Credit Union improve delinquencies and other areas.

Loan growth, fueled by increased tourism spending, more than offset a sharp drop in fee income at the Honolulu company.

On Mar. 31, 2018. Dollars in thousands.

On Mar. 31, 2018. Dollars in thousands.

The information you need to start your day, from PaymentsSource and around the Web. Today: More payment problems in Europe; Snapchat shuts down P2P app; Europe and U.S. ease fintech rules; Airline payments technology advance in Saudi Arabia; India delays cryptoban trail.

Purchase of data firm and cancellation of a stock buyback rile shareholders; smaller banks are concerned tariffs could hurt business lending.

The bank also agreed to pay a $5 million fine to settle allegations over how it obtained consumers' consent.

Spirit of Texas Bancshares has agreed to buy Comanche National. This would be Spirit's first acquisition since going public earlier this year.

Despite some green shoots in key credit segments, total loan growth was light at many banks last quarter. Rate hikes are threatened, and deposits will get pricier — where will the earnings come from?

Goldman’s next CEO pushes for more women in senior roles. Fifth Third’s program to retain new moms is working. And there’s good news and bad news at Bank of America, as it bulks up on female summer interns but pays out millions to an exec fired over sexual harassment claims.

Avidia Bank in Massachusetts collaborated with Exhibit 'A' Brewing to produce and sell an IPA as part of a plan to boost marketing to small businesses and millennials.

Citi and other banks are investing in automation aimed at speeding up the old-fashioned process for institutional clients' receivables and payables.

The Birmingham, Ala., bank also saw lending decline in the quarter as strategic reductions in certain business lending lines offset gains in C&I and consumer.

That helped push total lending growth to 4% and contributed to strong second-quarter earnings at the Providence, R.I., company.

The company will no longer originate indirect auto loans outside of Florida and Georgia.

Texas Credit Union Commissioner Harold E. Feeney plans to retire at the end of this year.

The agency’s consumer complaints database must remain available to the public to help prevent further abuses.

Yet margin improvement proved to be the decisive factor in a strong quarter in which total lending was flat.

Kathy Kraninger emerges “unscathed” in testy Senate confirmation hearing; the bank is reportedly refunding money it charged customers for add-on services.

The information you need to start your day, from PaymentsSource and around the Web. Today: Hong Kong embraces open banking; Mastercard gets a environmental nod; A bot to fight crime; Contactless donations helps the homeless.