Banking

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Bitcoin trading, wearable payments: What’s next for Quontic Bank

Quontic Bank, a community development financial institution in New York, has made a name for itself as an innovator. It…

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Chilean fintech looks for slice of giant money transfers market

Chilean fintech Global66 is tapping into the vast pool of remittances and money transfers sloshing around Latin America, hoping a…

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Alabama deal adds grist to debate over bank-credit union mergers

In a bid for scale and greater geographic reach in its home state, Alabama Credit Union in Tuscaloosa agreed to…

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California announces deal to treat fintech’s ISAs as student loans

State authorities in California struck a deal with a fintech firm to treat a controversial finance product known as income-share agreements…

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Policing issues overtake housing at hearing for HUD, FHA nominees

WASHINGTON — A Senate hearing for the administration’s choice to lead the Federal Housing Administration and two other Department of…

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Why this bank dealmaker decided less control was more

First United Bank in Durant, Oklahoma wanted to expand its wealth management business. For most banks, the next step would…

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Who’s afraid of the digital dollar?

WASHINGTON — As the U.S. looks more seriously at issuing a digital dollar, the financial services industry is beginning to…

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BCU Offers Three Competitive CD Specials

Deal Summary: CD Specials – 5-month (0.65%APY), 11-month (0.75% APY), and 18-month (1.00 APY), minimum $500 deposit. Availability: Five northeast…

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Preparation: The Overlooked Key to CRA Success | ABA Banking Journal

By Krista Shonk Growing up, I despised helping my parents in the garden. Most summer mornings, there was gardening to…

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Mortgage revenue settling back to ‘normal times’

At many banks, mortgage revenue took a hit in the second quarter as last year’s crush of refinancing activity ended,…

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