A candid look at what happens when top financial leaders step away from their C-suite and executive management roles to pursue other equally challenging business turns—
Trunomi, a startup that aims to simplify account sign-ups and know-your-customer compliance for banks, has raised $3 million.
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Executives at America's largest banks are making rosier predictions about the financial health of U.S. households than they were a year ago, when their forecasts proved to be overly pessimistic.
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India softens stance on payment regs; a Dutch neobank turns to gen AI; and more.
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EWA programs are not loans, no matter how loudly critics insist that they are. They provide a vital source of liquidity to hardworking families.
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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Zachary Gronich, founder and chief executive of RIA in a Box, has seen his consulting company quickly grow bigger than he expected.
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Lloyd Blankfein, chief executive of Goldman Sachs Group, revealed some of his daily habits while testifying at the Galleon insider-trading trial.
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A broker who moved from Fidelity Investments to Morgan Stanley Smith Barney has been temporarily barred in a settlement from calling his former clients to ask them to follow him.
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Community banks and credit unions fear a Senate plan and other legislative ideas will nullify steps taken by Fannie Mae and Freddie Mac that have made it easier for smaller institutions to compete.
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The Washington-based credit union has set aside $1 million to help members with down payments for mortgages.
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The Seattle company has a letter of intent to sell its home loan centers to Homebridge Financial Services.
Executives of Allegiant, Breeze and Spirit complained to the heads of the Consumer Financial Protection Bureau and Department of Transportation that the relationships between big banks and big airlines are anticompetitive. Consumer advocates also questioned whether large airlines are delivering on promised rewards and if consumers are racking up debt to accrue miles and points.
While executives this week signaled they could accept policies that put pressure on the economy, analysts said the lighter regulatory touch is unlikely to offset Trump's tariff regime.
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Regulators must be cognizant of any threat that could harm the financial sector while resisting the urge to overstep their authority to set policy that should be decided by Congress.
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Proactively checking in on your customers lets them know who is on their side.
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Strong climate policy and continued development of stress-testing tools by central banks are essential to transitioning to carbon neutrality.
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The credit infrastructure and analytics company secured $35 million in a Series D funding round, led by Socium Ventures, the venture capital division at Cox Enterprises, to expand cash-flow underwriting into auto lending and personal loans.
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Lebda, who died over the weekend in an ATV accident, built one of the first online financial marketplaces in 1998.
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Federal Reserve Chair Jerome Powell acknowledged skepticism around the central banks large-scale asset purchases during the pandemic, noting the Fed likely "should have stopped" sooner, but fell short of admitting that the purchase of MBS' contributed to housing disparities.
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JPMorganChase CEO Jamie Dimon said that his bank can improve its procedures to guard against fraud.
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The bank is the custodian for Anchorage's stablecoin platform, it's thinking of issuing its own and it's relaunching bitcoin custody, among other efforts.
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Federal Reserve Vice Chair for Supervision Michelle Bowman said in a speech Tuesday that the central bank would unveil proposed revisions to its stress testing regime "in the next week or so."
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In 2024, as the Alabama-based bank was facing more competition on its Southeast home turf, Danella was laser-focused on customer satisfaction.
Heitsenrether has been leading the charge on deployment of advanced AI throughout the bank.
The 23rd annual ranking of women leaders in the banking industry.
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