Banking

Banks are adjusting loan terms, making use of federal loan guarantees and working with farmers to find new markets, all in an effort to mitigate the damage from a likely drop in soybean exports.

High-powered portfolio simulations, security and client communication are among the most promising possibilities, say tech leaders at Morgan Stanley, D-Wave and Clovyr.

The New York State Department of Financial Services report recommended putting online lenders on a more equal playing field with traditional firms.

Good times end eventually. And it is inevitable that some new approach to banking will cause financial institutions to fall flat in a downturn.

A credit union targeted in a recent opinion piece is striking back against inaccurate claims.

Moxy Bank would focus on low- and moderate-income depositors in the nation's capital, while operating a lending platform in North Carolina.

Member Business Lending is a Utah-based provider of commercial, small business lending origination for credit unions.

Financial institutions are beginning to get on board with the global fight against climate change, but they are still trailing pension funds and insurance companies in putting these concerns into action.

CEO Jess Staley had been reducing the bank's investment in its African subsidiary as he sought to conserve capital and rebuild Barclays' investment bank.

A law designed to minimize the drawbacks of short-term loans and other alternative financial products may have helped legitimize them.

The bank is rotating teams dedicated to product and service development across its organization to help implement new ideas quicker.

The moves are seen as setting the stage for CEO James Gorman’s eventual retirement; banks outside the U.S. are suffering from the greenback’s recent rise.

The information you need to start your day, from PaymentsSource and around the Web. Today: Google combines mobile payment services; PayPal plans an acquisition spree; U.K.'s faster payment system slows down; Ticketmaster breach impacted more companies; U.K. football club boosts mobile payments.

Artificial intelligence is not always the right answer to data problems, executives of the two firms said at the In|Vest conference.

The sale includes 160,000 accounts and more than $400 million in deposits.

The Orlando, Fla., bank has bought Allied Affiliated Funding in Dallas in an effort to branch out beyond traditional commercial and consumer lending.

The Senate bill, designed to close a loophole in the state's interest rate cap, must still be reconciled with a similar measure that was passed by the Ohio House of Representatives.

A former chief financial officer at Hanover Bancorp is trying to separate the roles of chairman and CEO as part of a sweeping demand for change.

An index that tracks late payments on consumer loans inched closer to historic norms, according to data from the American Bankers Association.

Flagstar Bank, which is in the process of buying more than 50 branches from Wells Fargo, has hired Ryan Goldberg as a director of retail banking.