Banking

C&I lending exploded at SunTrust in the third quarter, it cleared its balance sheet of some lingering problems and CEO Bill Rogers is bullish on mortgages. But the question remains whether the Atlanta company will need to do more to exorcise the past.

Independence Federal Savings Bank in Washington, D.C., has agreed to improve its practices in return for a promise by regulators to refrain from further enforcement action.

PayPal, in a recent agreement with MoneyGram International, is demonstrating once again that digital payment systems aren't fighting cash — they are fueled by it.

Signature Bank (SBNY) in New York has added to its presence on Long Island by hiring a team of private-client bankers.

Spectrum Verification Services Platform provides loan-level verifications by combining unique data assets with integrated workflow processes to reduce fraud, improve overall loan quality and reduce costs, Equifax said Monday.

The Small Business Administration said Monday that agency-guaranteed loans to exporters rose about 1%, to $923 million, for the 12 months that ended Sept. 30. The loans supported $1.7 billion in small-business exports, according to the agency.

U.S. banks have been struggling to ward off a flurry of distributed denial of service attacks over the last few weeks. Here are ways in which the cyberwar can be won.

Attention has largely been focused on merchants seeking to opt out of the deal. But if the Justice Department were to object to the agreement's terms, the judge would likely listen, observers say.

There needs to be stronger incentive for bankers to behave, far-reaching cultural changes spurred by directors and a unilateral commitment to stamp out money-laundering schemes.

Isis, the mobile-wallet joint venture formed by AT&T, Verizon Wireless and T-Mobile USA, launched its test today in Salt Lake City and Austin, Texas.

A flurry of new mortgage rules are overwhelming home lenders — some they feel are too strict and others too ill-defined to decipher.

Two proxy advisory services have recommended against a proposal for Hampden Bancorp in Springfield, Mass., to explore a possible sale.

At this year's FinTech 100 breakfast, we recognized all the companies who made it into our FinTech 100 and Enterprise 25 rankings. Here are some highlights.

Fifth Third Bank in Cincinnati has added three veteran bankers to head a new unit that will focus on lending to the energy industry.

Isis, the mobile-wallet joint venture formed by AT&T, Verizon Wireless and T-Mobile USA, launched its test today in Salt Lake City and Austin, Texas.

Sterling Financial in Spokane, Wash., is buying American Heritage Holdings, the holding company of Borrego Springs Bank in La Mesa, Calif., for $6.5 million in cash.

Higher noninterest expenses and lower net interest income drove down Bank of Hawaii's quarterly earnings.

One of Chase's digital banking gurus, Paul Heller, will become Huntington's new chief technology and operations officer.

Amex's Bluebird card account, exempt from Durbin and assertedly from bank regulation, is likely to generate high interchange. Consumers, banks and Amex won't pay for these checking accounts. Merchants (excepting Walmart) will.