Banking

Women need to stop stressing out about giving equal attention to personal and professional goals, Teresa Taylor writes in her latest book. Taylor, a director at First Interstate BancSystem, also advises women to be more aggressive with networking if they want to sit on more corporate boards.

The Center for Financial Services Innovation has announced it will receive millions of dollars from JPMorgan Chase's philanthropy unit to launch a new division that builds on the work the association has been doing for 10 years: identifying financial problems and cultivating technology that is designed to solve issues plaguing the majority of Americans.

Legal experts are becoming increasingly concerned that federal judges are questioning the right of a lender of secondary creditor to bid the full value of claims in Chapter 11 cases. For banks looking at bankruptcy, this development provides more encouragement to settle with certain debtholders before seeking legal protection.

Thomson Reuters, Fidelity Investments and Amazon.com are jointly launching a program called Fintech Sandbox to support technology startups aiming to serve the financial services industry.

Ally Bank CEO Barbara Yastine admits there’s a drawback to not having bricks and mortar — but it isn’t enough to make her regret not having branches under the Ally banner, which replaced the GMAC Bank brand five years ago this month. Yastine also discusses Know Your Customer standards and why the company is standing by its indirect auto finance model.

Citi (NYSE: C) has named a new head of its middle-market lending business.

The car title loan industry is poised to grow substantially if it's not covered by CFPB regulations on payday lending. But the bureau has not laid the groundwork for title lending rules in the same way it has for payday lending.

The city of Providence, R.I., has sued Santander Bank, alleging that bank violated the Fair Housing Act by refusing to make prime mortgage loans available in minority communities.

The financial industry should focus on creating new methods of identification, authentication and privacy protection that ward off fraud while keeping consumer inconvenience to a minimum.

Square, which built its business on the simplicity of its plug-in payment device, is piling on services that should make banks and other companies take notice.

Fifth Third Bancorp (FITB) of Cincinnati expects to report an $81 million gain in the second quarter after selling shares of payment process firm Vantiv (VNTV).

Cleveland's Third Federal Savings and Loan is adding three states to its growing national home lending presence.

The largest real estate company in Alabama was ordered by the Consumer Financial Protection Bureau to pay for practices that illegally benefited an affiliated firm.

The National Credit Union Administration has approved the sale of Flint River National Bank in Camilla, Ga., to Five Star Credit Union in Dothan, Ala.

Dish Network Corp. subscribers will soon be able to pay their bills using bitcoin, the online virtual currency that's drawn scrutiny from regulators.

The Netherlands, birthplace of the world's first stock exchange and the pioneering Dutch East India Company, is now home to banks with an unusually open mind about bitcoin.

Americans don't understand their credit scores, specifically the way they are calculated, and are possibly damaging their credit reports as a result, according to a new survey.

With the reduction in payday loans, prompted by a 2009 law, comes a drop in payday loan stores.

Chris Dancy, who has been designated the "world’s most connected human" and will be a keynote speaker at next week’s Digital Banking Summit, shares his thoughts on how banks can help their customers get value out of their own data, and where the line is between usefulness and creepiness.

Solera National Bancorp (SLRK) lost its proxy battle at the ballot box, though the Lakewood, Colo., company still hopes it can win in the courtroom.