Banking

Wells Fargo plans to sell an $8.5 billion portfolio of federal student loans to Navient, the educational loan servicer that recently split off from Sallie Mae.

Transparency about the diversity of companies’ workforces can promote the hiring and advancement of women, while role models like Janet Yellen help pave the way for more female leaders.

First Artesia Bancshares in Artesia, N.M., has merged two of its banks.

Community banks, on average, increased the size of their loan portfolios by 15% in the third quarter from a year earlier, though the numbers reveal a slowdown from prior periods.

A suburban Chicago collection agency was the subject of a television news report after a former employee spoke out about alleged collection tactics the agency uses to target unsuspecting consumers.

J. Thomas Wiley will become chief executive of the company's banking unit. The move could free up Joe Evans, the company's CEO, to focus on deploying capital, which could include more acquisitions.

Markind Law Group, a Cherry Hill, N.J. debt collection law firm, has won a court ruling in a case brought by a consumer who argued an arbitration provision included in his sales contract for a Ford Fiesta couldn't be enforced by the firm.

Texas Capital Bancshares in Dallas plans to raise about $150 million by selling common stock.

BB&T successfully bought a number of thrifts in the aftermath of the S&L crisis. Retired BB&T CEO John Allison explains his company’s success while discussing how he sold deals to leaders of target institutions. Part 3 of 5.

A doctor and nurse in New York were arrested and charged with illegally billing Medicare and Medicaid, according to the state's attorney general.

BB&T's retired CEO has a new book, "The Leadership Crisis and the Free Market Cure." Allison, who now heads the Cato Institute, still has thoughts on banking to share — and criticism to sling. Here are some highlights.

The Consumer Financial Protection Bureau is set to go beyond industry expectations when it unveils a long-awaited proposal Thursday that would establish new requirements for prepaid cards.

Sturgis Bancorp in Sturgis, Mich., has agreed to buy West Michigan Savings Bank in Bangor.

Risk management and compliance vendors were the fastest-growing companies in the FinTech Forward top 100, reflecting the industry's new priorities.

This year, bankers seemed to remember in a big way that first-class technology is critical to their competitiveness — and relevance.

To see an interactive version of Top 100 Companies in FinTech, click here.

To see an interactive version of this table, click here.

FinTech Forward, a collaboration of American Banker and BAI, brings together the research, media, and event capabilities of banking’s top two professional information and education organizations.

The leaders of the most successful tech companies serving the financial services industry share hints about their business and product strategies for the coming year and observations about customers' tech preferences.

To identify the fintech startups deserving of special recognition this year, a team of American Banker editors, BAI staff and consultant Jeanne Capachin debated the merits of self-nominees and companies we know. These are the ten that matter for 2015.