Banking

Mutual of Omaha Bank's purchase of Synergy One Lending will add reverse mortgages to its product line.

Rebeca Romero Rainey, who has been on the job for less than a week, has already slammed postal banking and pressed for more regulatory relief. In a Q&A, she discusses her plans to foster innovation, tackle succession issues and encourage more banks to stay independent.

The agency’s rule restricting short-term loans ignores state discretion and harms needy borrowers, argues Louisiana’s attorney general.

The California-based credit union says membership saw ‘solid’ growth in the first quarter of 2018.

The bank said it kept fee rebates that should have gone to a small pension fund; some women say the company's “bro” culture hinders their advancement.

The information you need to start your day, from PaymentsSource and around the Web. Today: Mastercard and Microsoft collaborate on urban technology; Google Pay expands travel payments; Blockchain cross-border grows in South Korea; Flipkart's founders have a past at Amazon.

Welcoming automation into our industry with less friction and fear happens when we understand its overwhelming benefit to our futures and the quality of our work, writes Lauren Ruef, a research analyst for Nvoicepay.

The prepaid card issuer is attracting customers who are more inclined to seek it out through the app store.

The move is part of a larger trend to provide enterprise customers with tech capabilities available to retail customers.

Wells Fargo must pay $97 million to home mortgage consultants and private mortgage bankers in California who didn't get the breaks they were entitled to under the state's stringent labor laws.

Manuela Veloso, head of the machine learning department at Carnegie Mellon University, will join the bank in July.

The CFPB's acting director announced new political hires and more plans to overhaul the agency in an email Wednesday.

After a long battle with the Justice Department over redlining charges, KleinBank caved as legal costs soared.

Citigroup, Synchrony and other banks are using so-called "journey analytics" to spot weaknesses along the entirety of a customer's interactions with the bank.

The New York-based firm said it now reaches 4.3 million members, a 58 percent increase over the previous year.

The German banking giant isn’t targeting a specific level of cuts in the U.S. and the final figure will depend on each business line’s decisions, a source said. The U.S. makes up about one-tenth of its global workforce.

The House affirmed this week that it would move forward with a vote on a Senate bill overhauling parts of Dodd-Frank, but how far lawmakers push additional relief proposals is still unclear.

Millennials view the ATM as central to how they manage their money and go about their daily lives, writes Yonas Marcos, president and CEO of Star Financial Services.

Thasunda Brown Duckett discussed her journey to becoming CEO of consumer banking at JPMorgan Chase, a career path that, she noted, wasn't available to African-American executives only a generation ago.

The California company ended up selling 1 million more shares than it had originally planned to offer.