Banking

Banks can retain loyalty while changing their checking account fee structures by personalizing their service practices, continually improving upon the customer's experience and leveraging data generated by their call centers.

While criticizing big bank bailouts, the former FDIC chairman highlights instances where small firms — including United Commercial Bank and ShoreBank — were closed even with alternatives available.

Flagstar Bancorp (FBC) in Troy, Mich. must stand trial over charges it breached contracts for financial guaranty insurance on roughly $1 billion in residential mortgage-backed securities it issued during the run-up to the financial crisis.

Interchange has become an ever-more important foundation for credit card lenders as loan portfolios tread water. This interactive graphic shows revenue yields and transaction volume data for large issuers.

The advancement of mobile payment technology and how it correlates to the EMV conversion timelines in the U.S. was one of many topics attendees discussed at the first EMV Migration Forum meeting in mid-September.

The Coopera prepaid Visa card was ranked the fifth most affordable prepaid card by online financial planning website NerdWallet.

New authentication techniques such as biometrics are being developed rapidly in labs. Traditional usernames and passwords are showing signs of vulnerability. A future where palm prints and complex cryptography are part of bank logins is fast becoming more science than fiction.

WASHINGTON — Zions Bancorp., the largest bank remaining in the Troubled Asset Relief Program, repaid the last of its government funds to exit the program Wednesday, the Treasury Department announced.

Joe Smith, the monitor of the $25 billion mortgage settlement, talks about whether the five largest servicers will be ready when they report on their progress next week.

Both TD Bank (TD) and Scotiabank (BNS) may be among more than 15 bidders for the non-U.S. operations of Ally Financial, Reuters reported late Tuesday.

Barclaycard US announced Wednesday the appointment of a new chief financial officer and a new chief marketing officer.

LendingQB, the maker of a mortgage loan underwriting system, is adding the ability to electronically produce loan documents to its platform.

California Gov. Jerry Brown on Tuesday signed three new laws that are part of the Homeowner Bill of Rights aimed at increasing prosecutions for mortgage-related crimes.

An increase in capital requirements may reduce earnings, minimize returns and contribute to a stagnant environment where loan production is at a minimum and bank acquisitions are very few.

Scivantage has hired Andrew Haines to be its new chief information officer. Haines joins the software company from online forex trading company Gain Capital, where he served in a similar role.

Aspiring consolidators are weighing the advantages of attracting lending teams instead of making outright acquisitions.

Swift, the interbank messaging organization, plans to hire more than 100 employees for its new corporate services center in the Asia-Pacific region.

Bank of America (BAC) has hired more than 130 bankers in Florida as part of a lager plan to bulk up its services for small-business owners.

Fidelity Bancorp, Western Liberty and Savannah Bancorp artfully structured deals to sell themselves, and are rushing to complete them, in case Congress raises capital gains taxes next year.

The Federal Reserve's latest mortgage bond purchases so far are helping profit margins at lenders, including Wells Fargo and JPMorgan Chase, more than homebuyers and property owners looking to refinance.