Banking

How the Post Office Could Save Itself by Helping the Poor

What if USPS offered the same services as check-cashing stores and payday lenders, only cheaper? A novel idea in a new white paper.

Sorry Colorado and Washington, You Still Can't Buy Pot With a Credit Card

Why it only makes sense for companies like American Express to stick with federal rules, at least for now.

How a Simple Piece of Legislation Transformed a City's Entire Economy

Sioux Falls used to be a sleepy agriculture town. Now, it's one of the country's leading banking centers.

An Ingenious Banking Model: Speak Spanish and Serve Immigrants

For one North Carolina credit union, courting Latino immigrant members is a risk that pays off.

Were Big Banks Guilty of Racial Discrimination in the Housing Crisis?

A lawsuit just filed in New York on behalf of black borrowers in Detroit connects for the first time the housing collapse with civil rights law.

Good Deed of the Day: A Parisian Bank Pays It Forward

One of the world's oldest micro-lenders cancels the debt of 3,500 clients