Banking

The agency has no plans to release general findings from an extensive review of sales practices at large and midsized banks. That's troublesome, and will only fuel the perception that it is too cozy with the institutions it regulates.

The bill is one of two SBA-related measures the Senate approved late Tuesday and sent to President Trump to sign into law.

The bill is one of two SBA-related measures the Senate approved late Tuesday and sent to President Trump to sign into law.

Brand Group in Georgia was mulling a public offering but it opted to test the waters as a seller first. That decision led to one of the biggest bank deals announced this year.

MEMBERS Development Company now has 60 member-owners, but plans to set a limit on that figure later this year.

The city wanted to sever its relationship with the bank, but it ran into a big obstacle.

The OCC finds widespread problems in bank retail sales practices; Ripple and Swift competition for payments pits technology against convention.

The information you need to start your day, from PaymentsSource and around the Web. Today: Grab's development center; Patreon acquires Kit.com to add options for creators; Visa's outage gets political; Belgiium's federated ID picks up steam.

The low-cost deposits that come with the deal for 52 Wells branches in four states should fund the Michigan company's effort to become a commercial lender.

Most big banks are launching robo-advisers to compete for a new breed of wealth management customer. The risk is that automated services will disappoint traditional customers.

The advisory vote came two weeks after Preferred Bank in Los Angeles disclosed a major loan default.

Payday lending stocks are beating records. Mostly because they're no longer payday lenders.

The Michigan company will buy 52 branches and $2.3 billion in deposits from the San Francisco banking giant.

UniCredit and Société Générale are discussing a merger; Revolut also plans to launch its mobile service in the U.S. this summer.

The information you need to start your day, from PaymentsSource and around the Web. Today: Citi embraces open banking for U.K. business; Ripple invests in blockchain studies; Paysafe's iPayment acquisition closes; Singapore and India will share fintech innovation.

Julieann Thurlow, CEO of Reading Cooperative Bank, argues that tech-savvy lenders like SoFi can draw in low-risk borrowers with a fast, simple online process.

Cereal is looking at the aspects of the market that could be considered the most stable. By encouraging more mining activity, Cereal also promotes the viability of the cryptocurrencies being mined.

Black Knight has acquired HeavyWater, a developer of artificial intelligence and machine learning technology for the mortgage industry, and plans to incorporate the startup's borrower data verification and other automation capabilities into its existing product suite.

Jacksonville, Fla., football fans had a strong clue that TIAA was about to rebrand its new banking unit when the signs at EverBank Field began to change.

The agency’s acting chief has angered consumer advocates by refusing to hold meetings that they say are required by law.