Industries

Jacobs Asset Management, which expressed frustration over a slow turnaround at MidSouth, said it could launch a proxy battle at next year's annual meeting.

Health care's a vertical that keeps coming up over and over as a laggard that sticks to paper, manual forms and other legacy payment methods, mostly because of the number of documents that would need to be digitized for even one part of the process to enter the modern age.

The company has tested Harbortouch Bar & Restaurant software at 50 locations and has informed independent sales organizations the service is ready to deploy for restaurant clients.

CommuterClub provides loans so consumers can purchase annual season passes online, instead of monthly or weekly passes and spread the cost over monthly installments.

More than 137,000 credit union members will now have access to the online car-buying program.

Once a hotbed of activity, the region has reported the fewest bank mergers since the financial crisis.

On Mar. 31, 2018. Dollars in thousands.

The retailer is ending its nearly two-decade credit card relationship with Synchrony Financial; Mulvaney says the bureau will first negotiate, not sue, to settle disputes.

Wells Fargo is considering a sale of commercial real estate broker Eastdil Secured, according to a person briefed on the matter.

The Oklahoma bank’s net charge-offs were its second-highest in the last five quarters, but the company said it was confident in its credit quality outlook and growth prospects from a pending acquisition.

The banking industry lost a key battle in the Supreme Court over the use of “disparate impact,” but legal observers see potential for the tide to turn if Judge Brett Kavanaugh is confirmed.

An integrated payments and receivables solution is helping two Michigan credit unions boost engagement with small business members.

The growing asset-backed securities market could soon open up new opportunities for your credit union.

Repayments on acquired residential mortgage loans were the main reason, but other bottom-line boosters more than made up for that, the Buffalo, N.Y., bank said in reporting second-quarter results.

The Mississippi company said it has recorded most of the expected charge-offs tied to the last severe decline in oil prices.

Banks are adjusting loan terms, making use of federal loan guarantees and working with farmers to find new markets, all in an effort to mitigate the damage from a likely drop in soybean exports.

Member Business Lending is a Utah-based provider of commercial, small business lending origination for credit unions.

The regional bank's move is part of an industrywide transformation of call centers and operations centers to handle more complex tasks and trim costs.

One firm's inability to access bank data shows how fragile fintechs can be; payments processor Square quietly withdraws bank application; turnover of chief risk officers is on the rise; and more from this week's most-read stories.

Banks could shed as much as 20 million square feet of office space over the next five years as they shift many functions to high-tech operations centers in markets with cheaper rents.