Banking

Readers react to Equifax's massive data breach, weigh in on the departure of SoFi's CEO, endorse a new digital identity system, and more.

The Alabama bank will add the nonprofit's financial-advice centers for underbanked consumers to 88 branches over the next four years, in addition to the 12 it already housed.

The Dutch government sold a third stake in ABN Amro Group NV, taking advantage of a rally in the shares of the nationalized lender.

Flush with cash, many commercial firms are also opting to pay down debt rather than take on new loans, and those seeking financing aren’t always turning to banks to meet their needs.

Deutsche Bank AG plans to consolidate its global wealth management operations, despite the negative effect on client assets in some locations.

The New Jersey company has agreed to acquire Quadrant Capital to expand in its home state. The company recently bought Murphy Capital.

The Indiana company could also use proceeds from the planned stock sale to pay off debt.

The bill would create a federal obligation for credit reporting agencies to offer free credit freezes and prevent them from selling consumer information while a freeze is in place.

Banks should not be fatalistic about the threats posed by tech companies in financial services. Incumbents still hold the upper hand.

Agency confirms it’s investigating the credit bureau; regulator gives green light to Upstart Network to use cellphone payments, etc., to underwrite loans.

Welcome to the PaymentsSource Morning Briefing, delivered daily. The information you need to start your day, including top headlines from PaymentsSource and around the Web. Today: Apple's Face ID can be quickly shut off; Moviepass is snail mailing tickets; Investors flock to Hong Kong wallet; Student housing finance lures cryptocurrency.

The Consumer Financial Protection Bureau issued its first "no-action letter" to an online lender that uses alternative data to determine creditworthiness and loan pricing.

Bankers in Florida and Texas are dusting off their disaster-recovery playbooks, which focus on retrieving customers' valuables, ensuring employee safety and minimizing the bank's own legal exposure.

In the string of scandals over how women are treated in the tech sector, SoFi is particularly egregious. Reese Witherspoon tackles the trouble with ambition for women. Plus, Edith Cooper and Lori Beer.

Banks could be busy supplying credit to manufacturers, hotels, multifamily developers and other businesses that will be helping residents get their lives back on track after two fierce storms.

The once confrontational relationship between fintech and traditional banking has clearly changed as both sides are finding ways to work together.

Life is “ruff.” Pets can make it easier. Here is how some of the Best Banks to Work For accommodate their employees’ furry pals.

A long-term discussion about rethinking rules of the credit market is worth having, but for right now Congress should restore clarity by correcting the Second Circuit’s mistake.

Trade group will work with U.S. Small Business Administration to expand accessibility of SBA products to credit unions.

Department of Defense urged to exempt credit unions from July 2015 MLA amendments.