Banking

David Watson has overseen the development of more than 160 apps for corporate customers, which helped make him one of BTN’s Digital Banker of the Year honorees.

The rising importance of self-service banking by mobile device and PC has elevated the careers of executives overseeing digital channels.

A federal judge has ruled that a Kansas-based payday lending operation intentionally deceived borrowers about the cost of their loans.

It's rare that a regulatory filing would quote the song "Livin' La Vida Loca," but that's just what some Doral investors say the Puerto Rican government is doing in its refusal to restore $230 million of the bank's tax payments.

The company spent years looking in vain for the right deal at the right price before finding TF Financial. The deal adds a healthy bank and a much-needed beachhead in New Jersey, though it also pushes National Penn closer to $10 billion in assets.

Economists and housing experts maintain that the housing crisis is long over, but many Americans beg to differ.

The federal banking agencies on Wednesday began an extensive effort — required by a law passed before the financial crisis — to gather feedback about which rules should be placed under the microscope for potential regulatory relief.

The Armed Forces Benefit Association plans to sell its bank to local management. While insurers have been fleeing the industry due to regulation, the group says it is getting out because its membership's use of the bank is falling and it would rather use the capital to expand its life insurance business.

Sam's Club plans to launch a cash back program for a new co-branded MasterCard that will also leverage EMV-chip technology, providing some much-needed momentum for the EMV migration in the U.S.

M&T Bank (MTB) in Buffalo, N.Y., has been named the exclusive banker for its hometown Erie County, which was looking to cut costs.

It's not easy to survive as a single-branch community bank anymore. That's the view of John Essen, president of Community Savings Bank in Bethel, Ohio, which agreed this week to merge with Home Building and Loan Co., a savings and loan in Greenfield, Ohio.

Bank executives see opportunity in selling MSRs and servicing the loans for the buyers.

An appeals court on Wednesday voided a controversial decision in 2011 by New York Judge Jed S. Rakoff, saying he erred in scuttling a $325 million settlement between the Securities and Exchange Commission and Citigroup (NYSE: C).

Xapo says its Bitcoin debit card will start rolling out by the end of June, and it will be accepted anywhere by using the rails of a card network, interchange fees included.

Community banks consider customer service their big advantage against larger competitors. But that strategy may not be working.

Sallie Krawcheck, a former executive at Bank of America (BAC) and Citigroup (C) who has worked to promote women as business leaders, is teaming up with a money manager for an index fund focused on women.

A new study reveals hospitals in 25 states that chose to expand Medicaid under the Affordable Care Act treated fewer uninsured patients and charity cases in the first quarter.

Total outstanding balances and new credit in auto lending reached record highs this year as the sector continues to lead the economic recovery, according to the latest Equifax National Consumer Credit Trends Report.

Bank of America has sold more than 230 branches with $7.5 billion in deposits in the last two years. Here is a list of the nine banks that have bought the bulk of those locations.