Banking

Survey data show that by midyear 2013, Internet-based mortgage sales in the U.S. increased 75% year-over-year, leading to a 16% decline in branch sales.

Low interest rates drove lending income and margins downward at community banks early in the year, but they benefited from the midyear spike in long-term rates more than they let on.

AT&T (NYSE:T) has launched a system meant to help companies detect fraud detection on mobile transactions taking place on its network.

Digital banking, marketing analytics and the 'omnichannel' top bankers' technology shopping lists for the coming year.

Mortgage technology developer Optimal Blue today acquired its largest competitor, LoanSifter, in a deal that combines the two largest standalone developers of mortgage product eligibility and pricing engines remaining in the mortgage industry.

The Consumer Financial Protection Bureau's annual report on college credit card agreements showed a decline of 23 percent in college agreements from 2011 to 2012.

It is the season for added expenses and, for many, worrying about cash flows. Financial service providers report holiday products are popular with customers, though not a money-maker. Next-generation financial management software could let people segment their money into goals through one account.

The spread of Bitcoins is now prompting regulators in Scandinavia to draft new rules in an effort to prevent virtual money from slipping into a legal gray zone.

First Financial Bancorp (FFBC) in Cincinnati has agreed buy First Bexley Bank, in a deal that would bring First Financial into the Columbus market.

Timberland Bancorp (TSBK) in Hoquiam, Wash., will buy back its remaining Troubled Asset Relief Program shares for about $12.1 million.

Bank of Marin Bancorp (BMRC) in Novato, Calif., has named a new chairman.

BNC Bancorp (BNCN) in High Point, N.C., announced two deals Wednesday that would significantly boost its presence in its home state.

What we have seen from the bank regulatory agencies is an unsustainable proliferation of rules. Big banks are taking on water to keep up, while community banks are being swamped.

The Winston-Salem, N.C., company said Wednesday that it agreed to buy 21 Citibank branches in Texas, along with $1.2 billion in deposits and $134 in loans.

BB&T (BBT) in Winston-Salem, N.C., has added its top lawyer to its executive management team.

Increased regulatory pressure, lackluster economic growth and the end of the refinancing boom contributed to another challenging year for the industry, but the following 10 executives found ways to rise above the competition.

JPMorgan Chase (JPM) has sued the Federal Deposit Insurance Corp. over Washington Mutual's legal liabilities, the Wall Street Journal reported Tuesday.

New Jersey legislators are pushing a measure that would prevent some identity theft victims from being hassled by debt collectors.

Joseph Lucarelli was elected by the $4.5 million-asset company's board to serve a one-year term starting Jan. 1, the company said in a regulatory filing Tuesday.

JPMorgan Chase pressured customers to repay debts they did not owe, sold collections agencies rights to credit card accounts that had been extinguished in bankruptcy and tolerated frequent errors by its third-party collections attorneys, according to a lawsuit filed by Mississippi Attorney General Jim Hood on Tuesday.