Credit

Synchrony Financial and Alliance Data Systems are particularly vulnerable to recent shifts in Americans’ shopping habits, according to new research from Moody’s Investors Service.

Executives at four former credit repair companies agree to pay $2 million for charging consumers millions in illegal advance fees.

Compliance, security and data analytics were the themes at this year’s New York FinTech Innovation Lab demo day.

Next month, credit bureaus will have to drop information about tax liens and civil judgments from credit scores unless they can independently verify the data. Eva Wolkowitz of the Center for Financial Services Innovation and Sarah Davies of VantageScore discuss.

The HUD secretary said millennials are being shut out of the market but the purchase of a condominium unit is often the first step to homeownership.

MidSouth Bancorp in Louisiana, which faces a formal order from its regulators, will cut jobs, close branches and slash its dividend as it works to reduce its energy exposure.

The accounting board has scheduled a meeting that bankers hope will produce eleventh-hour modifications to reserving requirements.

With such massive amounts of data bolstered by ubiquitous modes of distribution, the most meaningful fintech investment opportunities center around enabling a new truth equilibrium.

An aggressive band of community, regional and investment banks is stepping into the commercial real estate void left by more cautious lenders, saying there are still good CRE loans to be made or bought.

The Louisiana company's board has made it clear that independence is "not a God-given right" and wants new management to address energy loan issues, underwriting, capital and expenses.