Banking

Ally Financial is now making home loans.

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: Tesco's issues with account numbers; India incents e-payments; clearing house seeks faster-pay partners; Chrome strengthens retail security warnings.

The focus of banks' sales practices should be less about unit-based incentives, and more about developing a full relationship with customers and doing what's in their best interest.

HomeTrust Bancshares in Asheville, N.C., has agreed to buy United Financial of North Carolina, a municipal lease finance company based in Fletcher, N.C.

Orrstown Financial Services in Shippensburg, Pa., has acquired Wheatland Advisors in Lancaster, Pa.

Federal banking regulators are dismissing claims that they are pressuring banks to cut ties with payday lenders, arguing that the lenders' recent request for a court order against the agencies rests on erroneous speculation and bad legal arguments.

After news of possible reductions in withdrawl limits, casino stocks suffered steep losses.

Large banks will soon launch Zelle, their person-to-person payments app. Will it succeed or will it be another name on a growing list of such platforms that never panned out?

A week after the Office of the Comptroller of the Currency created a new federal charter for fintech firms, California's financial regulator is calling on other states to work together in making their licensing system more palatable to companies.

OnDeck Capital, the New York-based online small-business lender, has obtained a $200 million revolving debt facility from Credit Suisse.

As regulators open the door to fintech firms applying for bank charters, what has already been a long journey to this point is only going to get more intense.

A flood of fintech companies are promising to create a better experience for mortgage borrowers, forcing lenders to contemplate buying a vendor's software, building applications in-house — or even outright acquiring a company with digital expertise.

Renasant in Tupelo, Miss., is the latest banking company to get out of loss-share agreements with the Federal Deposit Insurance Corp.

Despite gains for the legalization effort in the November election, the disconnect between federal and state law preserves uncertainty for banks catering to pot businesses.

A California bank is planning to add mortgages and home equity lines to its product set.

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: Square expands Caviar; the U.K. cracks down on crowdfunding; Canada's payments overhaul advances; IBM exec pushes artificial intelligence.

SmartFinancial in Knoxville, Tenn., has agreed to buy a branch in Tennessee from a division of Atlantic Capital Bank in Atlanta.

Lakeland Bancorp in Oak Ridge, N.J., has filed the paperwork to sell up to $50 million shares of common stock.

American Banker readers share their views on the most pressing banking topics of the week. Comments are excerpted from reader response sections of AmericanBanker.com articles and our social media platforms.

The new chairman of Republic First was famously ousted from Commerce Bancorp because of conflict-of-interest concerns years ago. His new bank uses some Hill-related companies for marketing and other services but says that it has structured the relationship in a way that passes muster with regulators.