Consumer banking
Consumer banking
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Two research associations have filed a joint motion to intervene in a court case against new telephone rules issued by the Federal Communications Commission.
August 18 -
Rather than simply considering whether a prospective borrower's business contributes to climate change, banks are slowly turning their attention to making sure borrowers in a variety of industries account for how climate change could affect them.
August 18 -
The London-based bank payment network Earthport is expanding its application of distributed ledger technology (a system best known for its use with Bitcoin) to enable real-time cross-border payments and potentially reduce risk.
August 18 -
The FTC announced that judges for its Robocalls: Humanity Strikes Back contest selected a first place winner for the $25,000 cash prize for building a mobile app that blocks and forwards robocalls to a crowd-sourced honeypot.
August 18 -
The North Carolina company had made it clear it would pursue more acquisitions after closing its purchase of the $19 billion-asset Susquehanna Bancshares earlier this year.
August 17 -
First National Bank of Pana in Illinois has agreed to buy The State Bank of Blue Mound in Illinois.
August 17 -
New Supplemental Performance Metric should encourage lenders serve lower credit scores borrowers.
August 17 -
PeoplesBank in Holyoke, Mass., will promote its chief financial officer to lead the bank, as Chief Executive Douglas Bowen plans to retire.
August 17 -
First State Associates in Hawarden, Iowa, has agreed to buy Miner County Bank in Howard, S.D. The banks expect the deal to close later this quarter or early in the fourth quarter.
August 17 -
The rise of mobile payments has had only a narrow impact on the use of cash, according to a new report from the ATM Industry Association and the business strategy consulting firm Tremont Capital Group.
August 17 -
Leader Bank in Massachusetts developed software to get renters paying their bills online. It solved a hassle for landlords, helping the bank win their business. Now, Leader is preparing to sell the ZRent tool to other banks.
August 17 -
The rise of mobile payments has had only a narrow impact on the use of cash, according to a new report from the ATM Industry Association and business strategy consulting firm Tremont Capital Group.
August 17 -
Cross County Bank in Wynne, Ark., has agreed to buy three Arkansas branches from SouthBank in Huntsville, Ala.
August 17 -
Fannie Mae and Freddie Mac have a regulatory mandate to shrink. But that's easier said than done, given the government-sponsored enterprises' outsized presence in the mortgage industry, as their latest quarterly results show.
August 17 -
The $120 million-asset mutual thrift filed its application with federal regulators this month. Citizens expects the formation to be completed by the first quarter, Chief Executive Tommy Johnson said in an interview.
August 17 -
Officials in Mahanoy City, Pa. will direct delinquent garbage accounts to a new collection agency that will charge people an added 25% late fee on all overdue accounts but will collect no additional fees from the city.
August 17 -
Indictments are still pending in the case of an alleged Bitcoin money laundering scheme involving a tiny low-income credit union in New Jersey.
August 17 -
Minnesota lawmakers plan to introduce legislation next year to curb payday lending after a previous proposal failed that would have limited the number of loans consumers can take out to four.
August 17 -
Fannie Mae and Freddie Mac have a regulatory mandate to shrink. But that's easier said than done, given the GSEs' outsized presence in the mortgage industry, as their latest quarterly results show.
August 17 -
Cheviot Financial in Cincinnati has elected James Williamson chairman.
August 17




