Banking

Adding Community 1st Bank would help it expand in northern California.

The legislation passed by the House to roll back Obama-era regulations is being touted as vital for small banks, but the bill’s main beneficiaries are elite megabanks.

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: Facebook's new fundraising tool; Canada and card surcharges; Amazon's Dash wand; and more.

At the recent Analytics and Financial Innovation Summit in Minneapolis, attendees weighed in on whether credit unions have have what it takes to effectively dig into big data -- and, if they don't have it, what will it take to get it?

AloStar was formed in 2011 by an investor group that bought the failed Nexity Bank in Birmingham, Ala.

Job cuts are the beginning of a new round of cost-cutting; Wells accused of modifying home loans on distressed borrowers without customer or bankruptcy court approval.

There are signs the economic cycle is at its peak, which could hurt card portfolios going forward. Improved security could help, writes Madeline Aufseeser, CEO of Tender Armor.

Most fintech startups fall into one of two camps: those that want to compete with banks and those that want to save banks from themselves. Ripple is the rare exception that wants to do both.

Fed Chair Janet Yellen called the Treasury's report a "complicated document" that shared many of the central bank's objectives, including reducing regulatory burden without sacrificing safety and soundness.

While the courts have affirmed cities’ right to file predatory lending suits, they are also now holding them to a much higher standard in proving that banks knowingly steered minority borrowers into high-cost home loans.

Centana Growth Partners has raised $250 million for investment in what it describes as financial services startups with innovations that can be turned into real products.

Casey Crawford, head of the rapidly growing Movement Mortgage, recently recapitalized First State Bank in Danville, Va., with his own money.

Amid a sharp rise in delinquencies, Signature may try to sell all or parts its $603 million taxi medallion loan portfolio.

The city is booming thanks to its rising population, revitalized downtown and diverse economy, attracting bank buyers and de novo interest.

Two of the biggest online consumer lenders don't always check whether borrowers are lying to them, and if they find errors in an application, they may still approve the loan.

The Indiana company will pay $92 million for Wolverine Bancorp

One might assume, wrongly, that the successful fintech entrepreneurs are millennials who are only creating lifestyle apps for their age bracket.

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: Fare cards for bikes; WinXP still a target; Boost gets funding; and more.

Trump administration’s “lighter” regulatory proposal signals that banks may finally have entered a “post-crisis” era; IBM rolls out Watson artificial intelligence tools to deal with regulations.

Private companies incorporated in Delaware could start issuing and tracking shares of stock on a distributed ledger this summer.