Banking

A provision that would raise capital standards at both small and large banks could potentially hamper the legislative effort to break up the biggest institutions.

The Minneapolis company announced Monday that Rick Aneshansel would succeed Dan Arrigoni as the president of its U.S. Bank Home Mortgage unit. Arrigoni is set to retire June 30.

Even though prepaid cards are already widely considered a product for the underbanked, usage patterns are showing more clearly just how different prepaid card users are from bank customers.

WASHINGTON — The Consumer Financial Protection Bureau has started taking consumer complaints on money transfers before it finalizes amendments to its remittance rule.

Union Bank in San Francisco has forged a deal that will give the company a further foothold on the East Coast.

The company announced two deals in the first quarter, ending a three-year drought after raising millions to buy banks.

Synovus Financial (SNV) is adding a director while losing two others. The $27 billion-asset company said Monday it has nominated Barry Storey to serve on its board.

Identifying the top female executives whose work is directing the future of payments.

Even though prepaid cards are already widely considered a product for the underbanked, usage patterns are showing more clearly just how different prepaid card users are from bank customers.

Nearly a quarter of Investors Bancorp's branches will be near the Philadelphia suburbs once it completes its acquisitions of Gateway Community and Roma Financial.

The traditional way of doing business in the branch network may be dead, but bank branches themselves will survive in some form, says Bank of the West’s Andy Harmening, a senior executive vice president and regional banking group head. Bank of the West has been able to open de novo branches without hiring any additional staff, thanks to advanced technology, to meet customer demand for in-store mortgages, small-business loans and investment advice. Harmening spoke to American Banker at the annual Best Practices in Retail Banking Symposium.

MutualFirst Financial (MFSF) in Muncie, Ind., has reduced its involvement in the Treasury Department's small-business lending fund.

Banks can't afford to let alternative mobile payment providers walk off with their customers.

The Federal Trade Commission has released an online video to aid victims of identity theft.

The payments industry has spent years convincing itself of a digital wallet future that seems inevitable, but the end game is undeniably far off.

Banks are offering the ability to manage card accounts by mobile device, providing a glide path to the digital wallet.

Which executives are shaping the evolving U.S. payments industry? PaymentsSource and Bank Technology News editors chose the women who are taking the lead as the payments world girds for a mobile future.

Computer Service Professionals, Inc. has integrated its online banking software with Allied Payment Network's bill payment software.

3VR has upped the capabilities of a system the company says speeds analysis of security video.

HSBC (HBC) is switching to information technology configuration software from Adaptiva called OneSite across the organization worldwide.