The Cleveland-based credit union recently launched a fractional stock rewards program for members ages 18 to 28 through a partnership with Bits of Stock.
A TD Bank survey found a massive increase in the ranks of people who talk to ChatGPT about their finances. Ted Paris, the bank's head of AI, says banks still have an opportunity here.
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This week in banking news: Discover EVP Diane Offereins is retiring, Worldline enters the metaverse, SNAP pilots mobile payments and more.
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Founders are starting to worry about whether startups will be able to keep paying employees following the failure of Silicon Valley Bank.
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Brett Mooney returns to the card network as the country manager for Canada, a digital-forward market that is attracting more competition from banks and fintechs.
A near-collapse of the global software vulnerability database exposed critical weaknesses that could leave banks unable to track cyber threats.
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Provident Bank's wealth management group is betting that wealthy people are fed up with being nickel-and-dimed by their banks.
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Forward, whose distribution channels include bank trust departments, has seen its assets under management double over the past year, to $7 billion. Driving the growth is its slate of alternative strategy funds.
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JPMorgan Chase & Co. is making management changes to its asset management unit, replacing the head of institutional sales for North America and planning to name a new head of sales for investment management for North America
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House Financial Services Committee Jeb Hensarling shifted tactics on housing finance reform Wednesday, acknowledging that a bill he’s pushed for years to virtually eliminate the government’s role in the mortgage market lacks the support to become law.
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Cutting payments helps stave off default, but principal reduction on underwater loans and lower consumer debt levels are less effective, according to JPMorgan Chase Institute's new study of post-crisis modifications.
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Colonial Savings founder James S. DuBose died after a yearlong battle with cancer. He was 93.
Blue Ridge Bank in Virginia changed course after its rapid growth in the fintech partnership business landed it in hot water. But the path back to a traditional community banking model is also proving to be bumpy.
The increase would "ensure that the wealthy and big corporations pay their fair share" at a level that also "rewards investment in America's innovators, founders and small businesses," Harris said.
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In order for suppliers to recover and prepare for future growth, it’s critical to understand the complex nature of the corporate cash cycle, says AvidXchange's Denise Leleux.
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Thanksgiving may have already passed, but there's still plenty of room for gratitude in member communications.
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Fintechs that focused on offering digital banking solutions likely saw a positive boost, and consumers’ increased use of mobile devices encouraged bank-fintech partnerships to keep up with the pace of innovation.
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Federal Reserve Vice Chair for Supervision Michelle Bowman floated the idea of allowing employees to hold small amounts of digital currencies, arguing that it would help with retention and understanding of the product. But some questions whether the move will yield those results, or raise ethical problems instead.
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As more states pass legislation, it's become a challenge for firms to stay on top of compliance. Executives spoke with American Banker about their strategies.
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Trump has yet to decide when Fannie Mae and Freddie Mac will return to the market in an IPO that regulator Bill Pulte says could top $1 trillion.
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FRNT is designed to streamline government disbursements while acting as a lure for digital financial services firms.
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Horizon Bancorp said it will raise about $200 million in capital to fund a major balance-sheet restructuring. The move would dilute existing shareholders, and the company's stock price dipped on Thursday.
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The Consumer Financial Protection Bureau initiated a new rulemaking process for its open banking rule with a focus on who can serve as a representative for the consumer and whether banks can charge fees to third parties for consumer data.
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The security problem affects organizations with a hybrid Exchange environment, running applications in both on-premises servers and Microsoft's cloud.
The ranking Democrat on the Senate Banking Committee said growing uncertainty and risks in the financial system mean the central bank should increase the countercyclical capital buffer for the nation's largest lenders.
The 23rd annual ranking of women leaders in the banking industry.
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