Banking

The New York senator offers legislation to empower U.S. post offices to take deposits and make loans.

Banks using Zelle share the good, the bad and the indifferent of the person-to-person payment network.

The CUSO's new firm, Lumin Digital, promises to offer credit unions a digital banking platform that "rivals the offerings available from the big banks."

If President Trump doesn't name a director before the midterm elections, he could lose his best shot at reshaping the bureau long term.

Double-digit growth in personal loans and record wealth management revenue also helped the Tulsa, Okla., beat earnings forecasts.

The Florida bank's placement of all taxi loans on nonaccrual status in recent months strengthened its bottom line in the first quarter.

All 12 directors win nearly 90% of the vote, as does longtime auditor KPMG; Mulvaney says records haven’t been vetted by the agency and shouldn’t be released.

The Florida-based CUSO is the latest to sign on with the distributed ledger technology scheme for credit unions.

The information you need to start your day, from PaymentsSource and around the Web. Today: Amazon suffers a hack; The Fed issues new faster payments-related guidance; Paperless B2B payments advance in Indonesia; Contactless transit pay matures in London.

The Missouri company reported strong loan growth that also reflected a spike in factoring activity.

The Florida company is also set to enter Alabama as part of the $360 million purchase.

Banks and credit unions have been fighting each other so long that many have forgotten how the feud started and why it may matter to the future of both industries.

Long considered a political third rail in the U.S., the movement's tax exemption is taking some heat. Here's a sampling of how other countries have handled this debate.

The company agreed to buy Landmark Bancshare in Marietta, Ga., for $115 million.

Double-digit gains in the bank's two largest loan categories offset declines in commercial and home loans.

In a survey, bankers conceded they may not be doing enough to avoid the mistakes social media giants made in the use of unverified data.

The Ohio bank's total deposits grew, unlike at some other regionals, and CEO Stephen Steinour said its 28-basis-point increase in overall funding costs will pay off.

AssetMark Trust plans to offer a product for the $1 billion in cash it holds for clients.

Acting Consumer Financial Protection Bureau Director Mick Mulvaney announced a trio of significant changes to the CFPB.

Live Oak Bancshares wants its next bank president to “step on the gas” as it accelerates growth into new industries.