Banking

The Chicago company will close 19 branches and eliminate 150 jobs, partially reflecting changing customer preferences.

A number of credit unions and banks have been accused of operating websites that violate the Americans with Disabilities Act. Here’s why trial lawyers are targeting them and are expected to sue more.

An effort to oust two directors at the Seattle company was nullified after the investor failed to seek the required approval from the bank's state regulator.

The high multiple Fifth Third is paying for MB Financial raises questions about whether it can cut enough costs, realize enough growth and win over skeptical investors.

The CFPB policy was aimed at preventing discriminatory markups on indirect loans made by car dealers, but current acting CFPB Director Mick Mulvaney said the guidance "seemed like a solution in search of a problem."

Traditional credit scoring is under siege from alternative underwriting, and TransUnion is joining the future by investing in other emerging trends such as mobile device security and health care payments.

Sageworks, a financial services software firm that provides institutions with lending and risk solutions, was sold to Silicon Valley-based Accel-KKR.

Fintech challenger banks like Simple, Moven, Varo and Chime have faced separate headwinds in recent years. Here's how they’re taking up the charge again.

The Nashville company significantly reduced the 2018 earnings projection for its mortgage business.

Several dozen banks have been accused of operating websites that violate the Americans with Disabilities Act. Here’s why trial lawyers are targeting them and are expected to sue more.

Citizens Bancshares has agreed to buy Regional Bankshares for $11 million.

Combined with another key change that would give banks more leeway in trading, the revisions on hedging could further blunt the impact of the rule named after a former Fed chairman.

The company has also hit its goal of having half of total loans tied to customers around Atlanta.

The company said the move would help it become more efficient at a time when clients are making greater use of digital channels.

While reform legislation for banks is just around the corner, market signals suggest the economy could be headed toward another downturn.

Banks feeling the pressure in commerical lending from lightly-regulated, cash-flush competitors; financial institutions take "an increasingly militarized approach" to fighting cybercrime.

The nearly $5 billion deal to acquire MB Financial would provide the Cincinnati company with immediate scale in the Windy City.

The information you need to start your day, from PaymentsSource and around the Web. Today: TransUnion expands on a number of fronts; Selfie pay enters South Africa; Pras' new smartphone will include payments technology; Vota brings back payment sharing; U.S. technology companies push open banking.

The Wisconsin Bankers Association is rejecting a National Credit Union Administration ruling that the Federal Credit Union Act preempts a pair of state banking statutes.

Senate Democrats want acting CFPB Director Mick Mulvaney to explain why the agency is no longer policing student loan lenders and servicers.