Demographics

As the Consumer Financial Protection Bureau proposes new small-dollar lending rules, it has also sought comment on an alternative plan that would open the door to banks providing more lower-income credit solutions.

Banks are making it easier to get approved for a checking account. But once-banished customers may not be able to use some of the features that made having an account attractive in the first place.

Emboldened by supportive comments from presidential hopeful Hillary Clinton, community development banks are asking regulators for more leniency in areas such as disclosure fees and Bank Secrecy Act enforcement.

The slow start to Fifth Third's 3%-down mortgage illustrates some of the logistical challenges with such programs, which are on the rise across the industry.

Green Dot Corp. has tapped one of its board members, Mary Dent, to take the helm of its banking unit.

As banks start giving work formerly done by humans to artificial intelligence programs, questions about legal and ethical implications arise. The time to impose values on, and set limits for, the technology is now.

As the Consumer Financial Protection Bureau prepares to finalize its rule on prepaid cards, the agency must clarify that automated overdraft products – a common reason consumers dump their banks – are not allowed on prepaid accounts.

U.S. Bancorp is the latest big bank to offer an overdraft-free account. Skeptics are questioning how many Americans are benefiting from these products, and want banks to do more to market them.

Possible bad outcomes from the slowdown in bank chartering include less financial access in rural areas and further concentration of industry assets in just a few large banks.

Green Dot profits more than doubled to $8 million in the second quarter as revenues rose slightly and expenses ticked down.

The age-old fight over whether earnings forecasts are essential for investors or bad for the economy has new legs, and banks are square in the middle of it.

In a perfect world, better financial literacy — along with equipping bankers with ethical standards — would make the Consumer Financial Protection Bureau obsolete.

The linchpin of the federal government's payday lending proposal is a credit-reporting system for small-dollar loans created by the private sector, but the kinds of companies that could create it haven't stepped forward.

A less discussed but arguably more important application of the blockchain is to help serve the unbanked masses, including refugees.

Citibank is offering surcharge-free ATM access to the customers of 16 credit unions and minority-owned banks in six cities.

JPMorgan Chase, Barclays and other big financial institutions are offering paid internships to members of the sandwich generation who left banking to care for children and elderly parents. Here's why the banks are interested.

For the second time in six weeks, the online lender Avant is taking steps to reduce the size of its workforce.

Wirecard AG has agreed to buy Citigroup’s institutional prepaid card business, giving Germany-based Wirecard its first market foothold in North America.

Credit scores are useful in predicting the likelihood of whether someone will repay a loan. However, banks and others need to provide customers with another number that more accurately assesses their financial health.

Embattled prepaid card issuer Green Dot has officially split the roles of chairman and chief executive by naming a longtime payments industry executive as its new chairman.