Banking

Experts shared insight and strategies into collecting, analyzing and using big data at the Credit Union Analystics Summit.

Justice Department may pull back on discriminatory lending cases against banks; Barclays may have appetite for risk.

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: Razer adds virtual currency; Singapore and Abu Dhabi partner on fintech; former Square execs go into merchant tech; Loot diversifies.

Just as Intuit has to find a way to meld consumer and business technology for accounting in the 1990s, financial institutions have the same challenge, and opportunity, today with small business payments technology.

The number of auto loans classified as delinquent rose sharply in the fourth quarter, raising further questions about whether the segment is getting overheated.

Democratic senators are gearing up for a showdown with Republicans over a Consumer Financial Protection Bureau rule governing arbitration agreements in financial contracts.

The New York bank will double in size while gaining greater access to Long Island and low-cost deposits that should come in handy as interest rates rise.

Startups in the payday lending space say their use of artificial intelligence is allowing them to make better loans at lower rates with fewer defaults.

No fees, no automated voice response and lots of direct mail are among the investment bank’s tactics for its consumer fintech venture.

Solarity CU is piloting a branch it calls an "engagement center' to address and align all the different ways members want to do business with it.

The public-private effort, aimed at expansion-minded tech and other companies with proven track records, would be backed by the country’s six largest banks, insurance companies and regional lenders.

Wells Fargo named Allen Parker, former head of the Cravath law firm, as its new top lawyer; the Federal Reserve may bring charges against JPMorgan trader who lost $6.2 billion.

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: Not all Irish banks on board with Apple Pay; Feds worried about virtual currency; Monzo insources after third party glitch; New predictions on cash's extinction.

The Kennesaw, Ga.-based firm, which makes online installment loans to borrowers with blemished credit records, currently operates in 14 states.

Consumers are worried about paying bills on time and want the convenience of real-time payments, making e-bills an important option for financial institutions.

The Innovative Lending Platform Association and the Coalition for Responsible Business Finance announced Monday that they are joining forces.

The federal agency released data culled from fourth quarter 2016 call reports that showed the "great divide" between large and small credit unions continues to widen.

On Dec. 31, 2016. Dollars in thousands.

Personal financial management tools have long relied on financial data aggregation. Now, aggregators are hoping traditional lenders will take a cue from alternative lenders and use the technology to quicken their underwriting decisions.

Bankers oppose legislation that would let local governments finance energy efficiency projects with liens ahead of the mortgage.