Banking

As it gives its small-dollar lending regulation another look, the agency must consider borrowers who have no other credit options.

Many community bankers fear the fast-growing P-to-P network will increase costs without adding revenue.

The move provides a strong hint of the long-term succession plan CEO Leon Holschbach is putting in place.

TransUnion’s analysis of credit card applications and transactions finds fraudsters continue to steal more, but the rate of increase is slowing.

Sen. Durbin wants the bank to ease its college marketing efforts; the Consumer Bankers Association wants the government to make more room for private lenders.

The information you need to start your day, from PaymentsSource and around the Web. Today: Activists plan anti-gun protest at Visa headquarters; New cannabis payment wallet; Judge rules cryptocoins are commodties; Google debuts chat for Tez in India.

Banks increasingly avoid crypto, but Grainne McNamara at PwC has come up with a framework banks could use to participate in the digital currency world.

With the U.S. military in mind, the Texas banking product provider's CEO, Gabe Krajicek, created a corporate culture where employees name themselves after the legendary warriors and operate under a mission to "win the war."

With interest rates rising, corporate tax rates declining and regulatory relief likely on the way, now is actually a pretty good time to be a bank. That could be why sellers are holding out for more.

The major prepaid card issuer agreed to the penalty to settle allegations that it had charged higher fees than what was disclosed to customers.

The Golden Contract Coalition, formed in mid-2016 to get community banks better deals with the “big three” core systems vendors, said banks need help with buying from fintech sellers as well.

Howard Bancorp and Bryn Mawr Bank are trying different approaches to reach out to underserved markets they’ve entered via acquisitions. Creative in-house initiatives may take on added importance as regulators move to "dial back" Community Reinvestment Act rules.

As financial institutions find themselves at the center of political fights on topics like energy financing, marijuana and guns, they should avoid caving in to activist demands.

House legislation to reverse a federal court decision on state interest rate caps would increase access to credit, not expand predatory lending as critics have argued.

Paddleboarding in the morning, assigned mentors, passion projects: How firms on our inaugural ranking of the Best Fintechs to Work For attract (and keep) top talent with Silicon Valley perks.

The fear of data breaches has become a regular part of life, but many regs that help protect auto lenders were written before that threat originated. Here's how to protect yourself.

Wells has helped gun and ammunition companies access $431 million in loans and bonds since the 2012 Sandy Hook shooting. Other financial firms that are active as bookrunners for gunmakers include Morgan Stanley, TD Securities, Bank of America and JPMorgan Chase.

Financial agencies must prepare themselves to evaluate the practical effects of automated decision-making in lending and other programs to better detect fair-lending violations.

The information you need to start your day, from PaymentsSource and around the Web. Today: Citi and Kabbage join PSD2 forum; Central Bank of Lithuania holds contest for collectable virtual currency; China deepens crackdown on crypto; Armored car company sheds paper.
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Economic adviser leaves after President Trump announces steel tariffs; Senate votes to begin debating Dodd-Frank changes, which are expected to pass later this week.