Consumer banking
Consumer banking
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A Bitcoin trade group will meet today with the U.S. Treasury Department's Financial Crimes Enforcement Network and an array of law-enforcement officials and regulators to discuss oversight of the digital currency.
August 26 -
The housing industry is stepping up behind-the-scenes lobbying to alter the housing finance bill sponsored by Rep. Jeb Hensarling and perhaps kill the legislation entirely.
August 26 -
A Bitcoin trade group will meet today with the U.S. Treasury Department's Financial Crimes Enforcement Network and an array of law-enforcement officials and regulators to discuss oversight of the digital currency.
August 26 -
Community Bank Shares in New Albany, Ind., has lowered its cost estimates for integrating First Federal Bank in Lexington, Ky.
August 26 -
Western Sky Financial, an online loan company based on the Cheyenne River Reservation in South Dakota, cites "unprecedented government interference" as the reason for laying off the majority of its employees.
August 26 -
Microsoft Corp.'s Microsoft Points, a virtual currency used to buy games and other digital media on its Xbox consoles, is being eliminated today.
August 26 -
Sun Bancorp (SNBC) in Vineland, N.J., has hired a veteran banking executive to become its chief credit officer.
August 26 -
Free checking accounts may be on the wane, but a majority of Americans still pay no monthly service fees, according to a survey from the American Bankers Association.
August 26 -
Consumer Financial Protection Bureau Director Richard Cordray has had a very busy few years at the helm of the nation's newest bank regulator. His tenure has involved creating a bureau almost from scratch and contending with a wide range of highly contentious policy issues-none more controversial than his own status, which was changed from acting to permanent CFPB director following a July Senate confirmation vote in which he garnered a two-thirds majority. Following are quotes from an interview Cordray conducted recently with American Banker Washington reporter Rachel Witkowski.
August 26 -
A pair of Oregon banks are facing charges in a civil lawsuit brought by victims of an alleged Ponzi scheme.
August 26 -
David Dove is the new group president of enterprise growth at the ATM operator Cardtronics, which is also launching a new Enterprise Growth Group.
August 26 -
Consumers deserve the kinds of high quality, widely accessible savings, credit and payments products and experiences that are critical ingredients in the recipe for financial health.
August 26 -
Tradehill Inc., an exchange for virtual currencies such as Bitcoin, is moving customer accounts to a U.S. credit union, a shift designed to make it easier for clients to complete transactions.
August 26 -
A proven public-private partnership for reaching the unbanked provides inspiration.
August 26 -
Scrutiny of payroll cards is ramping up, and so is their popularity with banks and businesses.
August 26 -
Santander is poised to make its long-awaited name change at Sovereign Bank in Boston, capping years of work on its U.S. unit that included a financial overhaul, systems integration and charter switch.
August 26 -
Ex-CFPB official, Raj Date, defends his subprime mortgage startup against GOP-led ethics complaints.
August 26 -
BBVA Compass' prominent NBA sponsorship, game-changing core platform upgrade and high-tech new headquarters tower-deep within the heart of its Texas base of U.S. banking operations-have opened a new playbook for the Spanish-owned franchise. Its futuristic banking model is attracting the spotlight and giving it the means to grow both in and out of its branch footprint.
August 26 -
The 61-year-old former Sovereign Bancorp CEO is back doing what he's known for in banking: building a franchise and stirring up controversy.
August 26 -
Capitol Bancorp (CBCRQ) has lost another bank after regulators closed its Sunrise Bank of Arizona on Friday.
August 23




