Chase Pay is tied to the issuer's 94 million credit, debit and prepaid card accounts, representing half of U.S. households. Depending on the perspective, this means Chase's wallet either starts with — or excludes — half of the market.

More borrowers with spotty credit are failing to make monthly car payments on time, a troubling sign for investors who have snapped up billions of dollars of securities backed by risky auto debt.

WSFS Financial has been around nearly two centuries, and CEO Mark Turner is going for another two. Has he found the road map for success?

Instead of focusing on the effect of swipe fee rules on banks and credit unions, retailers should ask why the Durbin amendment hasn’t produced the promised cost savings for their consumers.

Midland States Bancorp in Effingham, Ill., has agreed to buy about $400 million in wealth management assets from Sterling Bancorp in Yonkers, N.Y.

WASHINGTON — Despite dire predictions by banks and others that new mortgage rules by the Consumer Financial Protection Bureau would cut off access to credit, the industry is performing well two years after the regulations went into effect, according to the agency's top official.

Mechanics Bank in Walnut Creek, Calif., has entered the residential mortgage market and hired a banker to lead the new loan group.

JPMorgan Chase chief Jamie Dimon added to his defenses of megabanks, arguing that regional and community banks rely on them. The comments could inflame tensions among banks instead of easing them.

BBVA has recruited Simple co-founder Shamir Karkal to build a platform that would open the bank's application program interfaces to outside fintech companies.

The Consumer Financial Protection Bureau on Tuesday hit Citigroup with $8 million in fines and restitution for allegedly selling credit card debt with inflated interest rates and failing to send consumer payments to debt buyers.

On the one hand, the FDIC's Quarterly Banking Profile showed how normal banking is again. But there were also worrying signs, including an increase in chargeoffs, higher loan-loss provisions and fears of the impact from the energy sector.

Univest in Souderton, Pa., has hired Megan Duryea Santana as general counsel for the company and its banking subsidiary, Univest Bank and Trust.

Shares in the online small-business lender plunged Tuesday after the firm's 2016 revenue guidance fell short of expectations. New details about the firm's plans to provide its technology to big banks did nothing to stanch the bleeding.

Yes, all the big banks are paring their balance sheets to comply with new rules and axing expenses to please shareholders, but JPMorgan is simultaneously targeting affluent cities for branch and deposit growth.

Investor days are increasingly more revealing than overly scripted annual meetings. From retail banking growth to credit headaches, here are some data highlights and executive insights from JPMorgan Chase's 2016 presentations in New York Tuesday.

Chase Pay, JPMorgan Chase's mobile wallet, has just landed an unlikely early partner with a history of going it alone: Starbucks.

Violations of state and local debt collection statutes aren’t violations of the Fair Debt Collection Practices Act, the U.S. Court of Appeals for the Second Circuit ruled Monday.

A TransUnion analysis found that prior evictions and rental-related collection records are highly predictive of future evictions.

Taiwan-based computer hardware maker ASUSTeK Computer Inc. agreed to settle FTC charges that critical security flaws in its routers put the home networks of hundreds of thousands of consumers at risk.

A bill passed by the Wisconsin state legislature last week alters consumer law to ease regulations for debt collectors.