Banking

Gary "Litefoot" Davis, a member of the Cherokee Nation in Oklahoma and a music and on-screen personality, was named executive director of the Native American Financial Services Association.

Kim Kaselionis saw a lot of small-business-loan applications die on her desk when she was a bank chief, so she started a crowdfunding firm to nurse along startups till they were bankable. That's where Fresno First comes in.

Citi will join Early Warning's clearXchange, giving the bank-operated digital transfer network a boost as it takes on apps like PayPal’s Venmo.

First Internet Bancorp in Fishers, Ind., has issued $25 million in subordinated debt and intends to use the proceeds to support its rapid growth and perhaps for future acquisitions.

USAA has expanded its voice-controlled digital assistant to PC users. The move is just another example of how banks are increasingly relying on bots to help serve their clients.

ST. LOUIS – Risk management is critical as small banks aim to make money in a low-rate environment.

The Wells Fargo cross-selling controversy has raised questions about its well-telegraphed succession plan. Tim Sloan, the company's president, has been the heir apparent, but his longtime association with Wells could be a problem if investors or regulators push for an outsider to overhaul the corporate culture.

First Tennessee Bank in Memphis announced Wednesday that it will commit $1 million to Operation Hope’s new HOPE Fund to offer free financial literacy education in low-income communities.

CU Bancorp in Los Angeles has agreed to a consent order to address deficiencies in its Bank Secrecy Act and anti-money laundering compliance program.

If stories like the Wells Fargo scandal are repeated at other institutions, U.S. banks could soon experience the same reputational and regulatory fate of their cousins in the United Kingdom.

A new wave of exciting innovation is presenting businesses with opportunities to improve processes and the consumer experience.

Royal Bank of Scotland Group agreed to pay $1.1 billion to settle the first of three major U.S. mortgage-backed securities probes the bank must overcome before it can resume dividend payments.

For banks eyeing blockchain technology, 2016 has been the year of tests, trials and proofs of concept. By this time next year, however, some 15% of them could be running blockchain solutions in the wild, according to research by IBM.

The Chamber of Digital Commerce has opened a new outpost in the nation's capital. But instead of looking for a staid law office, the bitcoin advocacy group formed a partnership with the local incubator 1776 to launch the DC Blockchain Center.

Wells Fargo Chief Executive Officer John Stumpf will forfeit $41 million of stock, plus some salary, as the bank's board investigates the company's bogus-account scandal.

The Wall Street firm believes that its gold-plated brand will help attract middle-class borrowers.

JPMorgan Chase's Thasunda Duckett has been named chief executive officer of consumer banking as part of one of the bank's periodic management reshufflings.

Marketplace lenders' share of the consumer and small-business loan markets is small now, but is expected to grow substantially in the coming years. Banks looking to get in on the action have two choices: team up with these established players that have already perfected the technology or try to beat them at their own game.

Swift announced Tuesday additional efforts to beef up security on its network, following highly publicized hacks of member banks earlier this year.

WASHINGTON -- The Chamber of Digital Commerce has opened a new outpost in the nation’s capital. But instead of looking for a staid law office, the bitcoin advocacy group formed a partnership with local incubator 1776 to launch the DC Blockchain Center.