Business lending is fundamentally different from consumer lending, and regulations should not treat them similarly, a bipartisan group of 20 House members told Treasury Secretary Jack Lew in a letter yesterday.
The FDIC is seeking feedback from bankers on ways of using mobile financial services to meet the needs of the underbanked.
The largest nationwide retail banks have recently made gains in overall consumer satisfaction, according to a J.D. Power study released yesterday.
How marriage, student debt and the economy are shaping young Americans as your next customers.
By Rob Morgan illennials are not disenchanted with banks, they just are not ready for the products that brought previous generations into the banking system. Millennials have had a rough financial start. More millennials are going to college than any previous generation. Although this is good, many are taking on debt to do so. In
Millennials are important for banks’ futures– but not because they’re millennials.
The Consumer Financial Protection Bureau is expected to propose a rule allowing it to supervise online marketplace lenders, according to a Wall Street Journal article today.
Visa today announced the launch of Quick Chip for EMV, a technology enhancement designed to speed up EMV card authorizations to two seconds or less and allow shoppers to dip and withdraw their cards instantly — just as they do with magstripe cards.