Banking

While bankers are becoming accustomed to the idea that artificial intelligence and software "bots" will affect their business, a "Jetsons"-style robot is a novel feature at a branch.

The startup Dave (just Dave) sells an app that forecasts short-term bank balances and sends users small-dollar advances when necessary, part of a wave of efforts to improve consumers’ financial health using digital tools.

The results handily beat estimates as the company benefited from CEO Ellen Alemany’s ongoing effort to shed businesses and simplify operations.

The Georgia company invested in HCSB Financial's recapitalization a year before agreeing to buy the coastal South Carolina bank. Doing so allowed United to stay to close to HCSB and its board, which helped when the time came to discuss a deal.

President and COO Ignacio Alvarez will replace Richard Carrion as CEO on July 1.

Congressional action is necessary to give financial regulators the tools they need to promote responsible innovation.

Christy Romero, the special inspector general for the Troubled Asset Relief Program, and two other government entities were involved in a probe that led Lamar Cox, former chief operating officer at Tennessee Commerce Bank, to plead guilty to misleading the FDIC.

Double-digit gains in assets under management and administration and higher interest rates more than offset rising expenses.

The Cincinnati company’s 1Q profits were hurt as it scaled back in key consumer and commercial credits, paid higher severance and saw fee income fall.

The Florida company relied on loan growth and loan sales to offset higher expenses and ongoing issues in its taxi medallion lending operations.

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: BBVA closes Openpay deal; Ant acquires bike sharing company; National Bank of Canada invests in Myanmar; Japanese ledger builds payments in Cambodia.

The FDIC and the Fed approve the bank's living will and remove growth limits; former employees of failed banks like IndyMac and Wamu still have fond memories.

The company that made its name refinancing student loans plans to delve deeper into originations after a trial run of sorts.

As the smartphones become ATM cards, a new set of security risks emerges. Thorough ID protection is necessary to keep no-card ATMs secure.

We asked microfinance organizations around the country about the challenges they face, what they wish banks would do differently, and even what they are reading. Here are some of their responses.

Student-run branches at five California high schools create a wide "ripple effect" in communities that often don't trust banks.

The marketplace for services to help struggling families balance their short-term and long-term financial needs is improving, but is still insufficient.

Zions beat expectations on several bits of good news, but it reported about $30 million of chargeoffs tied to a single commercial borrower.

Forecasts for better times ahead in banking have sellers wanting more and buyers pursuing less.

Credit unions are doing all they can to make a better financial future for the next generation of consumers.