Consumer banking
Consumer banking
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Dan Henry is in search of another "aha" moment. The former CEO of NetSpend is interested in staying in payments, but not necessarily in the prepaid cards niche.
August 26 -
SunTrust names Rilla Delorier's successor as CMO; Amalgamated settles on a new CEO, while NetSpend loses one; and lots of new high-profile board members at banks from New York to Hawaii.
August 26 -
Landmark Bank in Columbia, Mo., has raised $30 million through a private placement of common stock.
August 25 -
Summit Financial in Moorefield, W.Va., plans to raise roughly $12.8 million through a private placement and a subsequent rights offering.
August 25 -
Espirito Santo Bank in Miami has hired the investment banking firm FIG Partners to market it to prospective buyers.
August 25 -
BBVA Compass will likely face restrictions on M&A and branching after issues turned up in its recent CRA exam. Though a CRA rating downgrade is bad, some believe the foreign-owned bank is better off than banks that have had compliance issues arise after submitting a merger application.
August 25 -
WASHINGTON -Global Client Solutions, a large payment processor, has agreed to pay $7 million to settle charges by the Consumer Financial Protection Bureau that it illegally collected upfront fees from consumers on behalf of debt-settlement companies.
August 25 -
The company will pay more than $6 million in relief to consumers and a $1 million penalty if the proposed enforcement is approved.
August 25 -
Home prices increased in June, even as appreciation slowed, according to a report released Monday from Black Knight.
August 25 -
Freddie Mac expects housing demand and supply to increase through next year as the economy gradually returns to normalcy.
August 25 -
Sen. Sherrod Brown may give the country's biggest banks heartburn, but there are signs he's positioning himself as an industry ally ahead of a potential bid to run the Banking Committee.
August 25 -
CPI Card Group, a provider of EMV payment services, has agreed to acquire EFT Source, a provider of personalized ATM products.
August 25 -
An improved economy, hint of potentially higher interest rates and changing demographics are all aiding a lending rebound in the southern and western parts of the United States.
August 25 -
Health care systems have long looked for new ways to collect patient accounts, particularly as deductibles rise and patients find it more difficult to pay outstanding balances.
August 25 -
The SBA is committed to modernizing and simplifying its lending practices and, under the Obama administration, the agency has eliminated pages of regulations that were blocking the capital pipeline and hindering the growth of our economy.
August 25 -
Goldman Sachs Group Inc. agreed to pay $3.15 billion to repurchase residential mortgage-backed securities to resolve federal claims tied to the sale of the bonds to Fannie Mae and Freddie Mac.
August 25 -
The benefits of homeownership are often cited in policy debates, though it has some downsides. Following are the advantages and costs of homeownership for neighborhoods and communities, as summarized in a recent research paper by Jason Fichtner and Jacob Feldman at George Mason University.
August 25 -
Legislation aimed at allowing student loan borrowers to refinance their debt will return to the Senate floor for a second vote next month.
August 25 -
While new government guidance is intended to make banks more willing to do business with legal marijuana dealers, in practice it creates a new set of headaches for bankers.
August 25 -
Every day, consumers give out their credit card or bank account numbers to strangers whom they trust to take out the correct amount and safeguard their sensitive information. "That's terrifying if you really step back and think about it," says Jeremy Allaire of Circle Internet Financial.
August 25




