Banking

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.

On Dec. 31, 2016. Dollars in thousands.

Quona Capital Management raised $141 million for the Accion Frontier Inclusion Fund, which will invest in companies that provide financial and other services to underserved customers in emerging markets.

President Trump’s order on “core principles” for financial regulation is succinct and instructive, but interpreting it is difficult when comparing it to more informal statements from Trump and his aides.

Much like how Amazon went from selling books to selling cloud services, the online lenders that succeed well into the future will change how they do business, Scott Sanborn said.

Because he is blind, Chris Danielsen assumed he’d need a friend to help him deposit a check remotely. But he did it on his own using USAA's mobile app.

The German bank announces another corporate remake plus $8.5 billion in capital raising; China's banking system is now world's largest, although that's not necessarily a good thing.

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: Deutsche Bourse's VC focuses on payment compliance; Dash grows quickly; Mobile usage jumps; A new health care installment plan in Canada.

Banks have signaled bullishness for blockchain tech. But some say ignorance is leading to ill-informed choices.

Cache Valley Bank in Utah agreed to buy Proficio's deposits and most of its assets.

Credit unions are working with crowdfunding platforms to help businesses find additional capital.

Vacancies and rent-slashing have some banks worried that certain markets are overheating, but others say the decline in nonperforming loans is a sign the sector has never been healthier.

The Spanish bank said it will continue to be Atom’s main strategic investor and keep two seats on its board.

Customer outreach is far from the actual core function of bank marketers: producing bottom-line results.