Banking

Three big banks on Wednesday announced new community investment initiatives.

Bankers and consultants report that the technology challenges of dealing with regulators' stress tests are greater than they first appeared.

Bankers, technology executives and other experts weigh in on why financial companies are struggling to deploy the massive amounts of information they collect on their customers – and what they can do to improve.

Citigroup now lets smartphone-equipped customers check their credit card balances, check deposits and recent transactions on a mobile device without having to log into the bank's app.

The people behind a Southern California-based debt collection operation also will pay $4 million to settle the case against them.

Before the FSOC or other agencies start to impose capital requirements on nonbank financial companies, let's make sure we understand the business models and the risks that these firms actually take.

A task force of state and federal authorities set up in 2012 to probe the mortgage-bond sales that fueled the financial crisis has "more than a dozen ongoing investigations," Michael P. Stephens, the acting inspector general for the Federal Housing Finance Agency, said.

American Banker's Index of Banking Activity posted its second-highest reading in March, buoyed by renewed consumer demand, better weather and banker optimism.

Eight community banks have transferred their shares to a new trading platform operated by OTC Markets Group in a bid to increase visibility for their stocks.

The First Bancorp (FNLC) in Damariscotta, Maine, announced that its chief executive is retiring early next year and will be replaced by its chief operating officer.

The case against a South Dakota-based payday lending operation is wrapping up in New York state. The operation claimed to be affiliated with a Native American tribe in an attempt to avoid legal action.

Most banks find mobile check deposit poses little risk, a new survey from Remotedepositcapture.com has found.

SmartBiz, an online lender to small businesses, announced four new distribution partners Wednesday: California Business Bank in Los Angeles, Yahoo!, Xero and ePay.

If banks and supervisors are serious about achieving regulatory excellence, they need to make the people in charge of product lines take ownership of compliance.

Car loan debt continues to rise as more and more Americans are trading in old cars for new ones, according to a report released Monday from TransUnion.

Solera National Bancorp (SLRK) in Lakewood, Colo., said it is willing to negotiate with an activist investor on filling some board seats.

Visa Inc. has joined the FIDO (Fast Identity Online) Alliance's board of directors to help develop and deploy stronger online authentication standards.

Mortgage servicers and troubled homeowners may be losing faith that Congress will pass legislation saving borrowers from paying a tax penalty when they do a short sale.

Compared with its annual meeting last year, and to some of its peers' meetings this year, JPMorgan Chase (JPM) sailed through a relatively sedate meeting of shareholders Tuesday.

The Federal Reserve Board has terminated a cease-and-desist order against Central Federal (CFBK) in Worthington, Ohio.