Consumer banking
Consumer banking
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The recent White House fintech summit was helpful in exposing companies to regulators, and vice versa, but we need to strengthen the lines of communications even more.
June 24 -
Digital tools improve a bank's traditional sales process, but relationship-based banking is still a huge factor in winning over millennial customers.
June 24 -
American Banker readers share their views on the most pressing banking topics of the week. Comments are excerpted from reader response sections of AmericanBanker.com articles and our social media platforms.
June 24 -
A group of the largest banks in the world is working on a global standard for Bitcoins blockchain ledger technology, a secure funds-transfer system that advocates and industry watchers have likened to email for money.
June 24 -
The Office of the Comptroller of the Currency is seeking to create a regulatory sandbox that it hopes will allow fintechs and banks to experiment on innovations to the financial system.
June 23 -
Franklin Financial Network in Tennessee hit a roadblock in its plan to buy Civic Bank & Trust in Nashville, but that didn't stop Franklin from hiring away Civic's chief executive.
June 23 -
Old National Bancorp in Evansville, Ind., has negotiated an exit from its loss-share agreements with the Federal Deposit Insurance Corp.
June 23 -
How Key Private Bank's CEO is looking to transform the business (hint: it has a lot to do with women); algorithms in hiring promise a new way to bring diversity to Wall Street; the CFPB has some work to do in improving its treatment of women and minorities. Plus, Blythe Masters talks blockchain and Merrill Lynch's Racquel Oden talks confidence.
June 23 -
Circle Internet Financial, the Bitcoin services company and wallet provider, has raised $60 million in financing from Chinese investors as it continues expanding its operations in China.
June 23 -
Costco customers have deluged the retailer's Facebook page with hundreds of complaints about a new credit card from Citigroup, saying they endured lengthy wait times and had trouble activating accounts.
June 23 -
FirstBank Holding in Lakewood, Colo., will have a sole chairman after one of its co-founders announced plans to step down.
June 23 -
His title may be changing, but Ray Davis' goal of altering the banking landscape remains the same. Davis, who will step down as Umpqua's CEO, will still run its innovation unit with a hope of influencing digital banking in the same way that he shook up retail banking.
June 23 -
Black Knight Financial Services, in its second deal as a publicly traded company, has bought business analytics firm Motivity Solutions.
June 23 -
The Consumer Financial Protection Bureau should have looked more closely at states like Colorado that protect consumers from true predatory lenders while still preserving access to credit.
June 23 -
Smaller institutions have added steadily to their holdings of securities that, while earning them a higher return, are more difficult to trade or liquidate.
June 23 -
Counties that had high uninsured rates prior to the implementation of the Affordable Care Act have seen per capita collection balances fall if their state expanded Medicaid.
June 23 -
The $3 billion-asset First United did not disclose how much it will pay for the $2.3 billion-asset American Bank. The deal is expected to close later this year.
June 22 -
The $380 million-asset company disclosed in a regulatory filing Wednesday that it had appointed Lawrence Seidman to its board, effective July 1.
June 22 -
Community bankers are trying to determine how they can offer affordable small-dollar loans that fit within the Consumer Financial Protection Bureau's complex 1,341-page payday lending plan.
June 22 -
Frustrated by low yields on commercial and real estate loans, banks are finding innovative ways to beef up their consumer loan books. They are creating new business lines, teaming with established retailers, even partnering with alternative lenders in an effort to diversify and generate new streams of revenue.
June 22






