Banking

As bankers anticipate a rise in interest rates, they're looking for ways to attract and hold on to depositors. Many institutions are simply offering cash, but others are making more creative pitches. Here's a look at some of the unconventional methods banks are using to lure deposits.

Apple will collect fees from banks when consumers use an iPhone in place of credit and debit cards for purchases, a deal that gives the handset maker a cut of the growing market for mobile payments, according to three people with knowledge of the arrangement.

Real estate investment trusts don't pose the credit risk to the Federal Home Loan Bank System that regulators claim they do, said the CEO of Two Harbors Investment Corp.

The Federal Reserve Board and the Consumer Financial Protection Bureau on Tuesday announced increases in the dollar thresholds in Regulation Z (Truth in Lending) and Regulation M (Consumer Leasing) for exempt consumer credit and lease transactions.

Within the past 12 months, one large retailer after another has fallen victim to a massive data breach. But at least the pilfered data is getting harder for thieves to monetize.

Three former executives of a lucrative payday loan operation owned by Montana's Chippewa Cree Tribe received secret payments through a management company, a new lawsuit claims.

Apple is betting that tokenization systems offered by payment processors will provide a security boost to its new Apple Pay system at a time when consumers are wary of Apple's cloud-based services.

Apple has officially unveiled Apple Pay, a new mobile payment system in its upcoming line of smartphones, using a model that involves legacy payment companies but adds a new spin.

Richard Vague, who ran credit card companies and sold them to large banks, argues in a new book that stricter capital requirements in developed countries could curb excessive consumer and commercial lending and prevent future crises.

Big banks and institutional investors were more generous in granting small-business loans in August, while their smaller competitors turned slightly stingier, according to a Biz2Credit study.

The Federal Housing Administration wants lenders to make fewer mistakes when writing mortgages for the government insurance program. The agency also wants to serve more borrowers with low credit scores. Getting both may be tricky.

The rising student loan debt is inconsistent with trends for other U.S. consumer debt categories, according to analysis by Experian.

A lack of formal training programs and insufficient financial and career incentives limit the availability of skilled risk managers.

Mitek Systems and Top Image Systems have agreed to settle all pending patent infringement litigation between them.

MoneyGram has acquired the assets of Nexxo Financial, a money transfer and prepaid technology provider in Burlingame, Calif.

A Wednesday hearing by a House Financial Services Subcommittee will examine whether medical debt should be considered part of the credit scoring and reporting system.

The operators of an illegal robocall scheme, under an order Tuesday from a federal district court in New York, can no longer falsely promise to obtain refunds for consumers from the Federal Trade Commission.

East West Bancorp in Los Angeles has been hit with a nearly $39 million in damages tied to a lawsuit from a borrower.

MoneyGram has acquired the assets of Nexxo Financial, a money transfer and prepaid technology provider in Burlingame, Calif.