Consumer banking
Consumer banking
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Kristen Albert, a supervisor at a Massachusetts collection agency, took the stand in a murder trial on Tuesday.
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Capital One's new Capital One Wallet is a cardholder app for Apple's devices that uses an Android-like pattern-recognition feature for authentication.
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A lawsuit filed Wednesday by New York Attorney General Eric T. Schneiderman's office accuses two law firms and their lead attorney of participating in a fraudulent mortgage rescue scheme.
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First Farmers Financial in Converse, Ind., has agreed to buy three community banks in Illinois.
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Xenith Bankshares in Richmond, Va., has brought in nearly $18 million in funding through a private placement and a new loan.
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CNB in Centreville, Md., has named Edward Allen president and chief executive, following the resignation of its current CEO, F. Winfield Trice.
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The CFPB's lawsuit against an Atlanta-area debt collector could open the door to litigation against banks for their role in the process of pursuing debts against consumers who do not owe anything.
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Kristen Albert, a supervisor at a Massachusetts collection agency, took the stand in a murder trial on Tuesday.
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Lenders desperately want to make potentially lucrative home loans to those with less-than-stellar credit, but only a few are willing to try given legal uncertainties. Here's how a few are designing their products to get a jump on the competition.
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Qiwi, a payment services company based in Moscow, has added self-serve kiosks in JSC Tander convenience stores across Russia.
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Doral Financial in San Juan, Puerto Rico, has sold more loans in a move that will deplete capital but bolster the company's liquidity.
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Western Union has added self-serve money transfer kiosks in Walgreens stores across the country.
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Manufactured-home owners often pay higher interest rates for their loans than borrowers whose homes were built onsite, according to a report released Wednesday
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FITCHBURG, Mass. Workers' CU here is giving more than $2.5 million back to its members for the second consecutive year.
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Doral Financial said the Federal Deposit Insurance Corp. has found it to be "significantly undercapitalized" and is requiring the company fix the problem immediately.
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As the industry turns to online-only banking and partnerships with third-party retail distributors, it's getting harder to use geographical boundaries to define the communities that banks serve. That's why the CRA needs an update.
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JPMorgan Chase lost a bid to block buyers of $10 billion worth of residential mortgage-backed securities it packaged in 2007 to proceed as a group with their lawsuit alleging the bank misled them.
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HSBC Bank USA is expanding its loan program for small and midsize businesses that seek global growth.
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Coinapult, a Bitcoin wallet startup based in Panama, has raised $775,000 in venture capital with backing from FirstMark and plans to use the funds to reach new markets.
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Nearly two decades ago, Federal Reserve Bank of Boston's smart card program became a key means to eliminate the inefficiencies of cash use among military personnel. The payments industry has evolved substantially in that time, requiring the military smart card program to keep pace.
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