Nearly 100% of all urban riots in America have occurred where the market economy either failed or didn't exist to begin with. Banks are well positioned to help bring economic opportunity to underserved neighborhoods and make free enterprise work for all.

A new study on student loans runs counter to the popular belief that rising student loan debt is hurting the ability of young adults to access credit.

Two mobile phone companies reached a $158 million settlement with federal and state regulators to resolve allegations that they added third-party service charges to consumers’ telephone bills that were not authorized by consumers.

Mitek on Tuesday rolled out a new imaging technology for financial services companies called Photo Verify. It lets bank customers take a smartphone photo of their driver's license to verify their identity.

Fifth Third Bancorp revised downward its first-quarter profit by 6%, or 2 cents per share, after the Cincinnati company booked a $30 million impairment on aircraft leases.

First Bank in Hamilton, N.J., has opened its first office in Pennsylvania.

Many lenders shy away from adjusting monthly payments based on struggling borrowers' income for fear of losing too much money, but the Education Department's expansion of such plans for student loans and new data-crunching products have reframed the longtime discussion.

Triumph Bancshares in Memphis says it has been mistakenly contacted by customers of Triumph Bancorp in Dallas, and has concluded that the Triumph moniker isn't big enough for both institutions. It's hoping a lawsuit will force the Texas bank to change its name.

WASHINGTON — A new mortgage disclosure regime due to take effect on Aug. 1 is unlikely to cause closing delays, according to Consumer Financial Protection Bureau Director Richard Cordray.

The chief executive of CertusBank in Greenville, S.C., has officially stepped down after undergoing heart surgery.

Presidio Bank in San Francisco has added longtime California banking executive James Westfall to its board of directors. He will serve on the bank's audit and asset liability committees.

MoneyGram has renewed its relationship with Minnesota's Bremer Bank to assist with its check services.

All banks must manage risk. But this needn't be their sole focus any more than a restaurateur's sole purpose should be to prevent contaminants from getting into food.

U.S. consumers in the first quarter borrowed more to pay for education and automobiles, but overall their debt burden was relatively flat, according to a new report from the Federal Reserve Bank of New York.

Nationwide Biweekly Administration, Loan Payment Administration and Daniel Lipsky - the owner of both companies - are named as defendants in a Consumer Financial Protection Bureau lawsuit that accuses the firms of deceptive mortgage practices.

A new study by a consumer group found that checking account disclosures at the nation's largest banks have improved, but overdraft fee practices are largely unchanged from previous years.

Customers Bancorp in Wyomissing, Pa., is planning to raise at least $48 million by selling preferred stock.

Brad Blackwell, who heads portfolio lending at Wells Fargo, calls his bank's underwriters the "fighter pilots" of the lending industry — they belong to a force trained to attack very specific targets.

First Farmers and Merchants Bank in Columbia, Tenn., has hired a former Regions Financial banker to run its wealth management operations.

The $1.1 billion-asset company said in a press release Monday that the Federal Deposit Insurance Corp. and the Maryland Commissioner of Financial Regulation had terminated a May 2013 order against its Talbot Bank.