Banking

Some industry officials are offering rosy projections about the future of banking, but institutions that follow that logic may find themselves overextended in the next downturn.

Union Bankshares in Virginia sold Shore Premier Finance, a business it inherited from a recent acquisition.

The bank can pay out 40% more than it is expected to earn; the German bank’s stock slide may lead to its removal from a major European bank index.

The information you need to start your day, from PaymentsSource and around the Web. Today: LTE faces attacks; Apple Pay's growing quickly in Poland; Adidas suffers a breach; U.K. centralizes government payment units.

Peapack-Gladstone has agreed to buy Lassus Wherley & Associates, which has offices in New Jersey and Florida.

A look at the highlights of CUNA's 2018 ACUC in Boston.

The Oakland company has hired Colleen Atkinson, a former manager at HSBC, to oversee its new professional banking business line.

Commercial real estate is their bread and butter, but many banks are scaling back in this vital loan category. Here’s why.

The Illinois commercial bank gained a new role when it realized it shared the same digital transformation challenges as its customers.

Nelnet’s planned bank would be an online enterprise focused on gathering deposits and making private student loans.

As branches evolve to become more education-oriented, banks are taking their cues from retailers, hotels and other service sectors.

The comptroller of the currency has tiptoed around the issue of discrimination even though he wants to overhaul a key fair-lending law.

Digital Federal Credit Union developed a platform to accelerate fintech development that helps to bake in a valuable partnership between groups that might otherwise be competing with each other.

The measure, which has been compared to the EU’s new consumer privacy rules, grants Californians new rights over how companies collect and use their personal data.

Banc of California in Santa Ana will cut roughly 9% of its workforce as it looks to trim $15 million in expenses.

Buying a startup or running an accelerator program isn’t enough to help banks truly prepare for the coming digital age.

Spirit Community Bank would be the first new bank in North Carolina since 2009.

Deutsche Bank failed and Goldman Sachs and Morgan Stanley restrained; antitrust lawsuit brought by retailers may be near a resolution.

The information you need to start your day, from PaymentsSource and around the Web, including: Visa's World Cup spending goal, Mastercard's blockchain patents, U.K. stress tests, and more.

U.S. Bank is firmly committed to voice assistant technology, but remains cautious about enabling all forms of money movement via verbal commands.