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The Consumer Financial Protection Bureau will unveil sweeping federal regulations Thursday for payday lenders that could open the door for competition from banks, while forcing lenders to move toward longer-term installment loans. Here's what to track when the plan is released.
May 31 -
A study commissioned by the Massachusetts Bankers Association found a correlation between a spike in credit unions with low-income designations and an increase in member business lending in the state.
May 18
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At least three large U.S. banks are preparing to go to market with new small-dollar installment loan products in a move that could potentially disrupt the payday lending industry.
May 6 -
The $189 million-asset credit union has asked approval from state and federal regulators to convert to a state-chartered mutual savings bank.
April 25 -
For years, U.S. financial institutions have taken the position that it was riskier to replace legacy core systems than to leave well enough alone. Here's why that's beginning to change.
April 20
