Banking

Device lets branch staff create chip and PIN and magnetic stripe cards for customers instantly.

The president and chief operating officer of Peapack-Gladstone Financial (PGC) will leave the Bedminster, N.J., company at the end of the year.

Providing a safe harbor for only some qualified mortgage loans will swing the stringent credit standard pendulum further in the wrong direction.

Websites and mobile apps from RES.NET and Equator are helping banks move distressed REO loans faster.

The National Advertising Division, a 10-person shop that's based in New York, investigates allegations that companies are engaging in deceptive marketing, often after a competitor lodges a complaint. Just last week, the organization released its ruling in a big-money dispute between JPMorgan Chase and Capital One Financial.

When it comes to adopting new technology and ideas, U.S. bankers have a lot to learn from their peers in other countries. The reasons often have to do with culture and regulation. Here are a few examples of foreign banks that are ahead of the pack.

Meetinghouse Bancorp in Dorchester, Mass., raised roughly $6.6 million from its initial public offering.

The $6.2 billion-asset First Financial Bancorp (FFBC) will close 10 branches to cut costs, according to a report.

Coastal Federal Credit Union hopes remote deposit will be a competitive differentiator.

App for Android and Apple devices lets customers redeem mobile coupons at the point of sale.

The Treasury Department will receive $62 million from its latest auction of stakes it owns in banks through the Troubled Asset Relief Program.

Seeking to accelerate a process that results in taking someone's home should not be done lightly. Plus, a major driver of foreclosure time is not state law but who services the mortgage.

A dedicated line to Ray Davis' Portland, Ore., office is just another retail touch that helps the bank distinguish itself from competitors.

The decision means the company must prepare to defend itself against allegations by the Federal Housing Finance Agency of wrongdoing in the sale of securities backed by residential mortgages.

Residential Capital LLC won court approval to sell its mortgage-servicing unit to Ocwen Financial (OCN) for $3 billion after putting off a fight with loan investors and resolving other objections.

Trust isn't a message; it's a series of actions that demonstrate character. For the first time since the 2008 financial crisis, the banking industry established public goodwill through voluntary and proactive decisions.

The CFPB and FTC sent warnings to 12 mortgage lenders this week, arguing their ads were trying to trick consumers with false and misleading information.

Revel Systems is now delivering its iPad-based point-of-sale products into larger retail settings — and intends to make a push for equipping major retailers early next year.

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