Consumer banking
Consumer banking
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Industry groups are crying foul over how a Consumer Financial Protection Bureau proposal to regulate prepaid cards would affect overdraft services and treat virtual currencies.
April 2 -
FICO and two data partners are testing a credit score based on alternative data that could help banks take smarter risks on borrowers with limited credit histories, but bankers' cost concerns and adherence to traditional methods present big hurdles.
April 2 -
San Diego Private Bank in Coronado, Calif., is set to have a new president and chief executive.
April 2 -
Union Bank of Switzerland (UBS) has joined the ranks of cryptocurrency enthusiasts.
April 2 -
John W. Allison is always on the hunt for non-dilutive deals that will boost his Arkansas company's earnings. That has largely led to deals for Florida banks, but Home just agreed to buy nearly $300 million in nationwide commercial real estate credits and recruited a team to open a loan production office in New York.
April 2 -
The chance to earn higher compensation and the ability to offer more mortgage products is causing a growing number of loan officers to go out on their own.
April 2 -
Orrstown Financial Services in Shippensburg, Pa., and its bank have been released from all outstanding enforcement actions.
April 2 -
Citizens Financial in Providence, R.I., is continuing its push into consumer lending by offering loans to the parents of college students.
April 2 -
OFG Bancorp in San Juan, Puerto Rico, has expanded its ATM network 34% by adding 85 machines throughout the territory.
April 2 -
A two-tiered system of regulation could encourage small banks to maintain their relationship-based business model and prevent big banks from using insured deposits to conduct risky activities.
April 2 -
Home BancShares in Conway, Ark., has found another opportunity in the failure of Doral Bank.
April 2 -
Wintrust Financial in Rosemont, Ill., has announced its second acquisition in four days.
April 2 -
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 social media platforms.
April 2 -
The Office of the Comptroller of the Currency appointed Richard Taft to be its next deputy comptroller for credit risk.
April 2 -
First Financial Bankshares in Abilene, Texas, has agreed to buy FBC Bancshares in Conroe, Texas.
April 1 -
Wells Fargo's quality-control procedures will play a key role in a closely watched mortgage-fraud case that could go to trial this summer. Federal prosecutors are using the bank's internal reports to allege its executives knew about deficient loans.
April 1 -
The bill would require written contract amendments, signed by the lender, for most loans. Legislators took up the issue after a judge in the state sided with a borrower's claim of having an oral agreement from Bank of America to modify a mortgage.
April 1 -
As the industry's recovery boosts hopes of new-bank activity, some are already focused on what the greater stability could mean for the embattled industrial loan company charter.
April 1 -
FIS has designated a permanent area in its San Francisco office to test and showcase mobile banking and payment apps, highlighting the pressure on traditional vendors to stay current on emerging technologies and recruit young tech talent.
April 1 -
CenterState Bank used April Fools' Day to unveil a fake #GreedTogether campaign that mocks Starbucks, McDonald's and the banking industry, promising ridiculous cash-back rewards and clothing printed with pictures of cash.
April 1





