Banking

The credit card lender reported a decline in pretax earnings, but a sharply reduced tax bill led to a 17% profit gain.

Whether you like the idea or hate it, expect to hear a lot more about postal banking over the next two and a half years.

The San Antonio company said that it has scaled back its exposure to energy loans in favor of a greater emphasis on loans of less $10 million.

The details about political donations to over a dozen lawmakers raise fresh questions about the payday lending sector's influence in Washington.

Record originations on "better-yielding" used-car loans helped drive a 14% increase in its first-quarter profit. But Ally's shares were down Thursday on concerns of rising deposit costs.

Using Orchard’s data science smarts, Kabbage intends to offer new payment products to small businesses and loan portfolio insights to financial institution partners.

Dan Rollins engineered nearly a dozen deals while at Prosperity Bank. Now CEO at BancorpSouth, he has returned to M&A after spending four frustrating years dealing with compliance issues.

The firm reported that its new credit union clients — representing an aggregate of more than 450,000 members — signed on for GrooveCar's online vehicle-buying program.

From leadership lessons to tips for exemplary service, here's a look at what credit unions heard during the first day of PSCU's 2018 Member Forum.

Alice Milligan, its chief digital client experience officer, said the company dedicated itself to delivering what customers really want and that more features are on the way.

Bank of America's new policy denying loans and other services to certain gun makers came after dozens of employees lost family members or suffered other trauma related to mass shootings in the past few years, CEO Brian Moynihan said.

The measures will lead to a “significant reduction” in the roughly 97,100-person workforce this year, the German banking giant said.

Bank’s net income plunges, will focus on Europe growth; FTC says the company charged hidden fees.

Banking apps now rank just after weather and social media in usage, according to Alice Milligan, chief digital client experience officer at Citi's U.S. Consumer Bank.

The information you need to start your day, from PaymentsSource and around the Web. Today: BigCommerce gets a big investment; Mobile payments get a virtual currency; Monzo's expansion from payments accelerates; Facial authentication gets more sophisticated; A key that opens all of the hotel rooms.

The most satisfied customers are those who frequently use online or mobile banking, but still visit branches two or three times a month, J.D. Power said in its annual Retail Banking Satisfaction Study.

Putting aside the spin of both credit unions and banks, we offer some informed predictions about how the financial industry would be reconfigured if the century-old tax break were to disappear.

PayPal and Barclays have formed a strategic partnership enabling Barclays customers in the U.K. and U.S. to manage their Barclays and PayPal accounts within each app.

Grayson Hall has served as CEO since 2010. He will leave the post in July but remain executive chairman through the end of the year.

The Federal Trade Commission alleges in a lawsuit that the company's "no-hidden-fee" pledge is deceptive. LendingClub says the claims are unwarranted.