A U.S. appellate court on Wednesday upheld a district court ruling that several defendants operated a scheme selling phony debt relief programs and mortgage assistance.

Add Citigroup to the growing list of banks that are offering all-digital, no-fee checking accounts.

The banking industry needs women to polish its tarnished image, insists Jill Castilla, the CEO at Citizens Bank of Edmond (Okla.).

While community bankers admit they are worried about Wal-Mart's latest move in financial services, the fact is that they have been successfully fending off disruption in financial services for years.

Wal-Mart Stores Inc.'s deal to distribute Green Dot Corp.'s mobile checking account, GoBank, signals a fundamental change in how both companies approach their audience.

Sunflower Financial is adding loans and growing in Denver. First Western Financial has tepid loan growth, but its prowess in private banking is enviable. Casual talks between their CEOs led them to the realization they could build on each other’s strengths.

Two small U.S. banks will begin offering an alternative remittance option. The development may signal a new era of competition in foreign exchange, but some critics see danger.

The powerful, well-tuned U.S. economy is picking up speed rapidly, with much of the power under our hood yet to be fully engaged, according to the latest report on small business credit trends from Experian and Moody's Analytics. The road to a full recovery, however, remains long.

A high percentage of Federal Housing Administration-insured loans are falling into the "higher priced" bucket due to a series of mortgage insurance hikes over the past several years.

Urban Partnership Bank in Chicago has lured a former Citibank executive out of retirement to lead its consumer banking operations.

More than half of B2B receivables 90 days or more overdue were written off in the U.S., Canada, Mexico and Brazil, according to a survey.

First Connecticut Bancorp in Farmington is expanding into Massachusetts.

NewBridge Bancorp in Greensboro, N.C., has created three commercial banking groups.

Hawaii National Bancshares in Honolulu is planning to buy out the holdings of its minority shareholders.

In the coming months, banks, mortgage lenders, consumer advocates and policy wonks will be slicing and dicing the latest Home Mortgage Disclosure Act data, as they do every year. Rarely, if ever, have the stakes been higher.

Wal-Mart Stores Inc. (WMT) reached a deal with prepaid-card firm Green Dot Corp. (GDOT) to offer checking accounts to the retailer's customers, building on an expansion into financial services that U.S. banks have sought to block.

Fifth Third Bancorp has combined several business divisions into a new unit focused on payments, as the Cincinnati company continues its gradual exit from its former payments unit, Vantiv.

A pair of banking companies announced plans to consolidate their community bank brands.

Kabbage will offer online personal loans starting this week as it expands its product lineup and tries to compete head-on with the likes of Lending Club and Prosper Marketplace.

Webster Financial in Waterbury, Conn., has agreed to buy JPMorgan Chase's health savings account business.