Consumer banking
Consumer banking
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So far, Washington has generally smiled on tech-driven lenders such as Lending Club and OnDeck. But many in the fast-growing industry are now bracing for closer scrutiny.
May 15 -
A proposal issued Friday by the Department of Education would tighten rules on the types of deal that colleges can enter into with banks to disburse federally guaranteed loans to students.
May 15 -
A $10.2 million settlement of a class action involving JPMorgan Chase has stoked the interest of banking industry and consumer groups in new rules for placing robo-calls.
May 15 -
The FTC has settled a case against an operation that allegedly used deception and threats to convince people to pay debts they did not owe.
May 15 -
Heartland Financial USA in Dubuque, Iowa, has agreed to buy First Scottsdale Bank in Arizona.
May 15 -
Visa will increase how much it reimburses banks to issue new cards compromised by merchants' data breaches, after some banks complained that the card network's payments were too low.
May 15 -
The Miami area's economy is on the rebound and expanding beyond sun and fun. A new influx of money, investors and customers with international ties could feed local banks' balance sheets and top-line growth.
May 15 -
NCUA announced Friday it approved a federal charter for another credit union the Seneca Nation of Indians FCU which will serve members of the Seneca Nation Indian tribe in western New York state.
May 15 -
The Federal Housing Finance Agency provided more details Friday about key features for the new single security that will be issued by Fannie Mae and Freddie Mac.
May 15 -
The multifamily market is heating up as apartment owners and investors refinance in a rush to lock in low interest rates, but caps on government-backed lending programs are threatening to disrupt momentum.
May 15 -
American Banker readers share their views on the most pressing banking topics of the week. Comments are excerpted from reader response sections of AmericanBanker.com articles and from our social media platforms.
May 15 -
A Jackson County, Mo. jury awarded a woman $251,000 in damages and assessed $82 million in punitive damages against the collection agency that sued her for a debt she said was not hers.
May 15 -
JPMorgan Chase has to plead guilty to an antitrust charge if it wants to resolve the Justice Department's investigation into its foreign-exchange trading activities, the company said in a regulatory filing Thursday.
May 14 -
Julie Sizer has been named chief bank operations officer at First Citizens Bank in Raleigh, N.C.
May 14 -
Banks and consumer groups are both eagerly awaiting an FCC decision about whether to loosen federal restrictions on robo-calling consumers. A $10.2 million settlement announced this week involving JPMorgan Chase brought the issue back to the forefront.
May 14 -
On the same day the Consumer Financial Protection Bureau announced a probe into student loan servicing practices, stakeholders ranging from the Department of Education to borrower advocates outlined their wish lists for reforms.
May 14 -
Prudential Bancorp in Philadelphia is setting the stage for a new chief executive.
May 14 -
Former Wells Fargo customer Shahriar Jabbari filed a lawsuit against the bank Wednesday accusing it of violating the Fair Credit Reporting Act.
May 14 -
Former Wells Fargo & Co. customer Shahriar Jabbari filed a lawsuit against the bank Wednesday accusing it of violating the Fair Credit Reporting Act.
May 14 -
It's difficult to draw useful lessons from a small pilot, since banks typically stack the deck for success. Trying out new projects at average locations that serve average customers can give banks a much better picture of the obstacles that lie ahead.
May 14




