Banking

Payday lenders and arbitration supporters are claiming the CFPB has met more often with consumer groups than industry, laying the groundwork for likely lawsuits on key rules.

Despite rising home prices and a market where many older homeowners are loath to sell, home equity line of credit lending remains muted in all but one corner of the industry: credit unions.

When Apple or Google releases a new version of its operating system, banks are forced to respond by updating their mobile apps—running just to stay in place. Next month's release from Apple is especially challenging.

Collaboration will help make up for cost concerns from adopting the technology and ensure that the core vendors get the message of community banks’ interest.

The credit union cited local supervision and lower regulatory fees as part of its reason to switch to a state charter.

The Florida company will pay nearly $600 million to buy HCBF Holding and Sunshine Bancorp.

Two small banks recently announced plans to ditch their holding companies, but more could be on the way, says KBW CEO Tom Michaud. A big reason why is that regulators haven't gone far enough in "harmonizing their approach" to oversight, he said.

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: Alibaba's fast growth; U.K. fintechs shuffle leadership; BNP Paribas expands invoice technology; RBS issues new bills.

Bank accused of overcharging small-business credit card customers; is digital currency an investment vehicle or just a currency?

Bynum received the Pete Crear Lifetime Achievement Award from the AACUC during its annual convention.

Lenders say they are eager to reduce their exposure to CRE, but an examination of recent deals shows just how hard that can be.

A deal between Pembina County Bankshares and Drayton Bancor would combine two small banks that operate on both sides of the North Dakota-Minnesota border.

The $2.6 trillion-asset bank's recent commitment to digital lending augurs the development of a two-tier market for borrowers who want fast access to cash.

Helping the hungry, assisting young scholars, expanding the credit union's footprint and more.

The machine is among the more commonly pitched solutions for high-risk merchants that can't normally handle payment cards because banks won’t partner with them. But for dispensaries, they can be a hassle.

Banks are being pushed into the background of popular digital experiences. But they can reappear on interfaces that customers use daily by doubling down on financial wellness efforts.

Readers weigh in on a proposal to ease the leverage ratio, how post-crisis regulations have influenced lending, a CFPB overdraft fee study, and more.

Stephen Sanger is expected to leave as nonexecutive chairman; Barry Rodrigues, a former Citigroup and American Express executive, will join the British bank in November.

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: Microsoft releases blockchain framework; U.K. uses animal fats in new bills; U.K. consumers use bills less; Singapore warns on digital currency risk.

Pacific Premier had to bid against other banks for Plaza Bancorp in Irvine, Calif., but the fact that it had bought another bank from Plaza's private-equity backer earlier this year may have been instrumental in sealing the deal.