Banking

The Cleveland company's acquisition of a boutique investment banking firm contributed to an increase in its fee income.

Premier Financial agreed to buy First Bank of Charleston for $33 million.

The information you need to start your day, from PaymentsSource and around the Web. Today: Amazon's folding Whole Foods loyalty program into Prime; Mastercard and Visa plan a new payments button; Google Pay extends to private jets; Snapchat adds shopping; Supply chain tech expands in Africa; TranserWise joins the U.K.'s faster payments program.

Bill to end the guidance intended to fight discriminatory lending now goes to the House; card company’s push to make more loans to customers pays dividends.

The New York bank said it wrote down each taxi medallion loan to a value of $160,000. At their peak, New York City medallions were worth well over $1 million.

During an appearance on the CBS "Evening News" Wednesday, CEO Jamie Dimon unveiled new details about the first leg of the New York company's recently announced, multicity branch expansion.

However, mortgage growth and servicing income weren't the only reasons profits rose by double digits at the Dallas bank.

Results were also aided by strong growth in residential construction, commercial and equipment financing.

The Florida-based credit union service organization's 2017 dividend was nearly 20% higher than what it paid out for 2016.

Online banks have good reason for wanting regulators to update the 41-year-old Community Reinvestment Act.

A sharp decline in capital markets fees at the Minneapolis company shows tepid loan growth is not the only side effect of tax reform at banks. How hard will it be to bounce back?

Passage of a resolution blocking guidance on auto loan pricing could set a precedent that allows Congress to nullify other long-past regulatory issuances.

An SBA watchdog's investigation into chicken farms may ensnare other small businesses.

The Senate voted Wednesday to block guidance issued by the Consumer Financial Protection Bureau in 2013 that was meant to stop discriminatory markups on indirect loans made by car dealers.

WebAuthn could eventually mean passwords are replaced with fingerprints and facial recognition. But how hard will it be to implement?

Organizers of Studio Bank in Nashville have raised more than $40 million, satisfying the minimum amount set by regulators.

Organizers of CommerceOne Bank in Birmingham must raise at least $30 million before opening.

Refurbishing ATMs to accommodate mobile payments is less expensive than buying new ones, and is a solid green strategy, according to Mark D. Smith, director of business development for MVP Financial Equipment.

The Illinois company has agreed to buy Springfield Bancshares for $87 million.

Quarterly earnings at the Minneapolis company were boosted instead by a wider net interest margin and a lower tax rate.