Consumer banking
Consumer banking
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The Federal Housing Administration's loan sales are drawing more attention after a recent critical report said it was resulting in vulnerable borrowers losing their homes.
May 26 -
In the ongoing melee between the two major players, strong authentication has been put on the backburner in favor of the respective economies of implementing chip card technology.
May 26 -
Large enough to meet the needs of most customers yet small enough to escape some of the Dodd-Frank Act's most onerous compliance expenses, banks with assets of $2 billion to $10 billion are more profitable, as a group, than their smaller and larger counterparts, according to an analysis by Capital Performance Group.
May 26 -
In the battle among banks to make use of blockchain, Banco Santander SAs U.K. unit said its first among British lenders to use the technology for global payments.
May 26 -
Instead of shuttering poor-performing locations, this Idaho CU is plumbing the demographics of who uses each of its branches to customize each one to the target audience in that particular area.
May 26 -
The city has launched a feasibility study to determine if it is worthwhile to sell some of the debt to a third party.
May 26 -
The CFPB has handled approximately 143,700 complaints about credit reporting - including wrong information on reports and problems have errors resolved - since October 2012.
May 26 -
Recent legislative proposals to make piecemeal changes to the government-sponsored enterprises could set broader GSE reform on the wrong path.
May 26 -
TCF Financial in Wayzata, Minn., is hoping a new product line aimed at the underbanked will also breathe new life into its once-bustling branches.
May 26 -
A lawsuit filed Tuesday in U.S. District Court in Santa Ana, Calif., targets the collection system used on several toll roads operated by the states Transportation Corridor Agencies.
May 26 -
Consumers applying for a new mortgage are on average two to three times more likely to open a new auto loan or credit card account over the next 12 months, according to a new TransUnion study. Many of these consumers open these accounts as soon as one month after their existing mortgage payoff.
May 26 -
New research findings challenge common assumptions about borrower behavior, illustrating how trended data something mortgage lenders will soon be required to collect could be a game-changer.
May 26 -
Smartphones are an important window into understanding underbanked customers, the Federal Deposit Insurance Corp. said in a report released Wednesday in conjunction with a meeting of the agency's advisory committee on economic inclusion.
May 25 -
The $25 billion-asset subsidiary of First Horizon National said in a press release Wednesday that Louis Allen, executive vice president and manager of commercial banking for the bank's west Tennessee region, will be promoted to regional president June 30.
May 25 -
Fulton Financial in Lancaster, Pa., has hired Lynn Ozer as president of Small Business Administration lending. Before joining Fulton, Ozer led a small-business lending team at Susquehanna Bancshares that was largely dismissed after the company's sale to BB&T.
May 25 -
Valley National Bank in Wayne, N.J., has appointed former PNC executive Robert Bardusch to be its chief information officer.
May 25 -
TCF Financial in Minnesota has launched a set of products targeting low-income customers. The company, which has closed a fifth of its branches in recent years, hopes underbanked clients will boost traffic at its remaining locations.
May 25 -
A report by the Conference of State Bank Supervisors found that consolidated companies with money transmitter licenses fell more than 10% from 518 in the first quarter of 2015, to 456 this year.
May 25 -
Shore Community Bank in Toms River, N.J., has called on some old friends to lead the board of directors.
May 25 -
Overall household debt rises while consumer repayment rates improve, according to the Federal Reserve Bank of New York's latest Household Debt and Credit report.
May 25






