Consumer banking
Consumer banking
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In its new 80,000-square-foot development center, the bank is adopting the look, feel, and practices of fintech startups. Its also moved some of its developers into an incubator to collaborate directly with local entrepreneurs.
May 18 -
Dime Community and Flushing Financial are selling real estate in the borough, taking advantage of rising real estate prices. The banks are using process to reinvest in branches and technology.
May 18 -
No bank has fully disclosed what it spends on the Federal Reserve's Comprehensive Capital Analysis and Review, in part because the figure is hard to isolate. It's a key piece of information missing in the debate over banks' regulatory burden.
May 18 -
Friendly Hills Bank in Whittier, Calif., has started offering payroll services to its clients.
May 18 -
Moody's managing director Will Black asks whether regulators may eventually sour on the arrangements between P-to-P platforms and the banks that technically originate their loans.
May 18 -
As major banks have pulled back from originating Federal Housing Administration single-family loans, nonbank mortgage lenders have become bigger players in the Ginnie Mae program.
May 18 -
All banks truly believe they provide spectacular, top-notch service. But the vast majority hover close to mediocre and lack the metrics to identify areas for improvement.
May 18 -
The mortgage delinquency rate fell in the first quarter, marking the 13th consecutive quarterly drop.
May 18 -
WASHINGTON The Education Department's plan to tighten restrictions on deals between banks and universities sparked a fierce debate Friday over whether such rules are long overdue or a significant overreach.
May 18 -
Interactive Intelligence Group Inc., a global provider of collaboration, communications and customer engagement software and cloud services, has released Interaction Collector for Student Loans.
May 18 -
First Foundation in Irvine, Calif., has launched a division to offer property and casualty insurance brokerage services.
May 18 -
JPMorgan Chase CEO Jamie Dimon defended his institution by arguing that size isn't necessarily an indicator of risk. But the truth is that the larger an organization gets, the more complex it becomes-and the more difficult it is for leaders to keep everything from customer service to fraud prevention working the way it should.
May 18 -
Seacoast Banking Corp. of Florida in Stuart has acquired First Growth Capital, a firm that handles receivables funding.
May 18 -
European private equity firm Permira has agreed to buy German debt collection agency GFKL from Advent, the companies said Monday.
May 18 -
Debt buyer PRA Group announced Monday it will expand into the German debt purchase market.
May 18 -
The Bancorp in Wilmington, Del., has again delayed the filing of its 2014 annual report and is also late in submitting its first-quarter results, it said in a news release Friday.
May 16 -
A recap of the informed opinions (and the discussions they generated) on BankThink this week, including the financial inequalities exposed by the Baltimore riots and whether the changes to Dodd-Frank proposed in Sen. Richard Shelby's regulatory relief plan go too far.
May 15 -
Nomura Holdings and Royal Bank of Scotland should pay $806 million in damages to government-owned mortgage companies over misleading securities pitches, a federal housing agency told a judge.
May 15 -
The owner of an Ohio-based loan administrator, accused by the Consumer Financial Protection Bureau of deceptive marketing, says he is the victim of a misguided lawsuit by the agency.
May 15 -
Hamilton State Bancshares in Hoschton, Ga., has agreed to acquire the $130 million-asset Highland Financial Services in Marietta, Ga.
May 15





