Banking

The Consumer Financial Protection Bureau on Wednesday warned about the risks of the online debt sales, alleging that sensitive personal and financial information is available in some instances to any visitor to a debt marketplace website.

Salisbury Bancorp in Lakeville, N.Y., has agreed to buy a branch from ES Bancshares in Newburgh.

Huron Community Financial Services in East Tawas, Mich., is getting ready to offer insurance products.

Financial innovation will stall unless we, as an industry, collaborate on a universal data gathering standard.

First Business in Wis. to consolidate bank charters-

Mnuchin to divest; fintech firms may be able to get bank charters

Welcome to the new PaymentsSource Morning Briefing, delivered daily. The information you need to start your day, including top headlines from PaymentsSource and around the Web. Today: JetBlue's onboard Wireless migration's complete; Android Wear 2.0 gets closer; Belgium wants Brexit collaboration; Stripe and Payoneer score big in VC.

The U.K.-based firm has raised $373 million from investors since it was founded in 2010.

The company will pay $23.4 million for the $194 million-asset parent of Capaha Bank.

Banks should experiment with Snapchat and learn to deliver content in small doses even if the platform proves to be a bad fit for the industry in the long run.

Larry Mazza, MVB’s chief executive, joined the board at BillGO.

Credit unions have enjoyed a multiyear run of solid growth in membership and originations. Rising rates and the potential for regulatory overhaul could mean new competition — just as refi volumes are set to fall.

The hurdles for bank-to-CU conversions are in almost all cases too big to for for-profit institutions to overcome and still operate responsibly.

Documents from Massachusetts complicate the narrative that marijuana businesses either can’t get bank accounts or are only being served by small institutions.

First Community Bancshares in Bluefield, Va., spent $15.5 million to buy back the securities.

The Office of the Comptroller of the Currency's decision to offer a special-purpose charter for fintech firms may entice more players than expected.

There is optimism that consolidation could bounce back from a lackluster 2016 as bank stocks rally. At the same time, expectations of regulatory easing and tax reform could entice more banks to stay independent, at least in the short term.

Credit unions are relying on tried-and-true methods of aiding the communities they serve, all while adding new and innovative strategies into the mix.

Flushing Financial in Uniondale, N.Y., has its next chairman lined up.

The OCC's limited-purpose fintech charter will separate the healthiest fintech companies from the unhealthy ones — leading fintech one step closer to disrupting the incumbents.