Consumer banking

FILE - In this April 25, 2013, file photo, credit and debit cards are displayed for a photographer in Baltimore. Payment processing giant Visa is launching a platform to allow banks to integrate various types of biometrics, such as your fingerprint, face, voice, etc., into approving credit card applications and payments. It could lead to customers having to take a selfie to verify they actually made an online purchase or applied for a particular credit card. (AP Photo/Patrick Semansky, File)
October 19, 2017 - 4:23 pm
NEW YORK (AP) — The selfie is everywhere — Facebook, Instagram, Twitter — and soon your bank could be asking for one in order to approve your purchase or credit card application. Payment processing giant Visa Inc. is launching a platform to allow banks to integrate various types of biometrics —...
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This Monday, Jan. 11, 2016, photo shows a Chase bank branch in New York. JPMorgan Chase & Co. reports earnings Thursday, Oct. 12, 2017. (AP Photo/Mark Lennihan)
October 12, 2017 - 6:25 pm
NEW YORK (AP) — JPMorgan Chase & Co. third-quarter profits rose 7 percent from a year earlier, as the bank as able to increase revenue in its consumer banking business even though the company saw a sizeable drop in trading revenue in the quarter. The biggest bank by deposits and assets said...
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FILE - In this Nov. 12, 2013, file photo, Consumer Financial Protection Bureau Director Richard Cordray testifies before a Senate Committee on Banking hearing on Capitol Hill in Washington. The CFPB announced new restrictions Thursday, Oct. 5, 2017, on the payday lending industry, a move that is likely to face resistance in Congress. (AP Photo/Jacquelyn Martin, File)
October 05, 2017 - 3:40 pm
NEW YORK (AP) — Payday and auto title lenders will have to adhere to stricter rules that could significantly curtail their business under rules finalized Thursday by a federal regulator. But the first nationwide regulation of the industry is still likely to face resistance from Congress. The...
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October 03, 2017 - 11:04 am
NEW YORK (AP) — The Latest on Wells Fargo CEO Tim Sloan's testimony before Congress (all times local): 11 a.m. A year later, it appears Congress remains united on at least one thing: its anger at Wells Fargo over a sales practices scandal. Senators on both sides of the aisle expressed their...
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FILE - This April 2017 file photo provided by NerdWallet shows Liz Weston, a columnist for personal finance website (NerdWallet via AP, File)
October 02, 2017 - 9:54 am
Adding freezes to your credit reports is an appropriate response to the massive Equifax database breach that exposed the private information of 143 million Americans. Don't make the mistake of thinking those freezes will keep you safe, however. Credit freezes lock down your credit reports in a way...
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September 29, 2017 - 3:28 pm
WASHINGTON (AP) — The U.S. Chamber of Commerce and an array of trade groups representing banks and businesses have filed a lawsuit targeting a rule that allows people to band together to sue banks or credit card companies. The rule from the Consumer Financial Protection Bureau would give people the...
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August 29, 2017 - 12:01 pm
PITTSBURGH (AP) — A Pennsylvania businessman who won a new trial because his first lawyer fell asleep during proceedings has pleaded guilty to fraud charges. James Nassida pleaded guilty Tuesday in federal court in Pittsburgh to wire and bank fraud. The Pittsburgh Post-Gazette reports ( http://bit...
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August 24, 2017 - 3:57 pm
ATLANTA (AP) — A group of Wells Fargo customers who say they were victims of unfair overdraft practices want their claims heard in court, but the bank wants the disputes handled through arbitration. Class-action lawsuits filed around the country have accused Wells Fargo of changing the order of...
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FILE - This April 11, 2017, photo shows a Wells Fargo bank in northeast Jackson, Miss. Wells Fargo said Thursday, Aug. 31, 2017, that 3.5 million customers were impacted by its fake accounts scandal, a dramatic increase from the 2.1 million accounts it originally estimated. (AP Photo/Rogelio V. Solis, File)
August 02, 2017 - 4:43 pm
NEW YORK (AP) — The heat on Wells Fargo over its auto lending business has intensified, with customers filing at least three lawsuits, politicians calling for hearings and a bank regulator issuing a subpoena for records. Wells Fargo, still trying to recover from a fake accounts scandal, said last...
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In this Wednesday, April 26, 2017, photo, 2017 Buick automobiles appear on display in the showroom at a GMC Buick dealership in Miami. U.S. sales of new cars and trucks were expected to show a decline in July 2017 as consumers pulled back on purchases and waited for Labor Day deals. July likely marked the seventh straight month of declines in a peaking market. (AP Photo/Alan Diaz)
August 01, 2017 - 10:36 am
DETROIT (AP) — U.S. sales of new cars and trucks showed declines in July as consumers pulled back on purchases and hoped for Labor Day deals. July was likely the seventh straight month of lower sales in a peaking market. Analysts have been predicting lower U.S. sales this year after an...
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