Consumer banking
Consumer banking
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Green Dot MoneyPak cards were phased out late last year because of fraud concerns, but they are finding a new life on Netflix. The hit show "Orange Is the New Black" features the prepaid reload cards in a storyline in the women's prison that houses the main characters.
July 1 - Connecticut
Synchrony Financial signed a multiyear extension with Chevron to issue cards and the two companies introduced a new rewards program.
July 1 -
Nearly 85% of the acquisitions announced this year have involved sellers with $500 million or less in assets. Investment bankers expect more of the same in the final six months of this year.
July 1 -
Banks looking to improve their sales should follow a simple rule of thumb: the more friendly, casual chats staffers have with current and potential customers, the more business they create.
July 1 -
After it all but stopped making real estate and development loans following the housing crash, Farmers & Merchants Bank has increased its real estate loans by more than 61% over the last two years. It's a figure that's likely to keep rising as California's real estate market heats up and the $5.6 billion-asset bank continues to add commercial real estate, construction and mortgage lending specialists to keep pace.
July 1 -
A New York City law regulating collections doesnt have more power than the state's authority to regulate the industry, the New York Court of Appeals ruled Tuesday.
July 1 -
BB&T in Winston-Salem, N.C., has provided five top executives with nearly 3 million reasons to successfully integrate Susquehanna Bancshares in Lititz, Pa.
July 1 -
Citizens Financial in Mansfield, Pa., has agreed to buy First National Bank of Fredericksburg in Pennsylvania.
July 1 - New York
New York City's affordable housing stock will get a boost from Bank of America Corp. and Citigroup Inc. as part of settlements resolving mortgage-bond practices that led to the 2008 financial crisis.
July 1 -
ConnectOne Bancorp in Englewood Cliffs, N.J., has issued $50 million in subordinated debt and intends to exit the Small Business Lending Fund program.
July 1 -
More than a year after a collection operation settled charges of extorting payments, the Federal Trade Commission is mailing nearly 95,000 checks totaling approximately $4 million to consumers who lost money in the scam.
July 1 -
Equitable Financial in Grand Island, Neb., said its depositors and stockholders have approved its plan to convert from a mutual thrift to a fully stock-owned company.
June 30 -
Honda, Toyota and Nissan's financing arms are poised to agree to limit discretionary pricing for dealers after regulators accused them of allowing partners to mark up loans at higher rates to minorities, according to confidential documents.
June 30 -
WASHINGTON Federal regulators on Tuesday unveiled a much-anticipated tool meant to help institutions assess their own cybersecurity systems.
June 30 -
The use of prepaid cards has skyrocketed, thanks in part to rising popularity among consumers who already have a checking or savings account, according to the Pew Charitable Trusts.
June 30 -
The agency's Semiannual Risk Perspective pinpointed compliance and operational risk as potential problems for big banks while it outlined a different set of challenges for midsize and community banks.
June 30 -
As manufacturers increasingly equip automobiles with Internet access, bankers and technologists are envisioning a day when cars could be used to make payments, inform risk underwriting and deliver targeted offers.
June 30 -
The Federal Housing Administration's new loan defect "taxonomy" may give lenders better clarity on the quality assurance reviews of FHA loans, but it's not a shield from possible enforcement action by the Department of Justice and other regulators.
June 30 - Ohio
Nationwide Bank in Columbus, Ohio has created an online car loan service that allows consumers to secure financing and insurance and shop for a car purchase.
June 30 -
The South Dakota company will soon be completely independent from National Australia Bank. The plan for now is to produce consistent results while scouting deals as the bank nears a key regulatory threshold.
June 30



