Banking

Stopping house fires, reducing poverty, protecting consumers and other ways credit unions are giving back.

The North Carolina company could issue $200 million in new securities over time to fund acquisitions and other investments.

Before banks replace their core systems — which are largely homogeneous in the U.S. — they should work on ways to deliver convenient and engaging digital services for each of their channels.

British bank to pay $5.5 billion to settle mortgage issues, but faces Justice Department fine; Payments company offers restaurants $10,000 to stop accepting cash.

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: A loophole in PayPal's Apple collaboration; Could Whole Foods accelerate Amazon Go? ; Swiss bank supports Bitcoin; Verizon suffers a breach.

Property Assessed Clean Energy loans can no longer be offered in unincorporated areas of Kern County, Calif. The controversial loans, meant to promote energy efficiency, began in California and are now offered in a number of states.

Bank of the Ozarks recently dissolved its holding company in a move that goes against modern banking strategy. There are, however, strong arguments for other institutions to follow the bank's lead.

PSCU will provide processing and support services for 55 Corporate One CUs, representing nearly 100,000 cards and accounts.

The Spanish bank's VC arm added two companies focused on artificial intelligence to its portfolio this week. Both firms promise to help banks connect better with customers.

New data shows that large commercial banks are increasing their originations of single-family construction loans, but these loans still represent a small percentage of their total assets.

The Arkansas bank bought C1 Financial in Florida and Community & Southern Holdings in Georgia last year.

Banco Santander, Spain's biggest lender, bought minority stakes in three financial-technology firms as Chairman Ana Botin makes machine learning a hallmark of her growth plan.

The Japanese firm is expanding its U.S. investment banking unit to look more like its bigger Wall Street rivals.

Data showing that California residents 62 and older took out more payday loans than any other age group in the state points to an erosion of retirement security for seniors.

Trump’s nominee for head of bank supervision at the Fed may tackle Volcker Rule revision; rising home prices and improved job market give borrowers more options as lines of credit reset.

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: Visa pays businesses to go digital; Ripple expands in Japan; Screen scraping's still a battle; Santander may invest in Curve.

A recent op-ed got it wrong when it questioned the National Credit Union Administration’s actions to modernize credit union field of membership rules.

The Treasury Department will take a huge hit when Cecil Bancorp sells its bank, while 1st Mariner Bank in Baltimore will see its equity stake completely wiped out. Cecil opted for bankruptcy court when it was unable to resolve an impasse over its trust-preferred stock.

A recent op-ed got it wrong when it questioned the National Credit Union Administration’s actions to modernize credit union field of membership rules.

When the U.S. withdrew from the Paris Agreement, business leaders across the country called on the private sector to step up their own efforts to reduce greenhouse gas emissions and ultimately limit global warming to 2 degrees Celsius. From new corporate governance practices to energy efficient upgrades, here’s a look at some of the ways the banking sector is combating climate change.