New life insurance premiums sold through banks in the third quarter hit $512 million, up from $225 million in the third quarter of 2008, the year the market collapsed, according to Kehrer-Limra.

Internal Revenue Service Commissioner Doug Shulman said the agency may reopen its voluntary disclosure program, offering a partial amnesty to tax evaders who have been hiding money in foreign bank accounts.

Most asset managers expect revenue and assets under management to grow next year, despite concerns about regulatory changes and information technology operations.

The three credit unions have assets of nearly $638 million and serve more than 53,000 members.

The administration’s recent report on fintech innovation discussed ways to adopt electronic promissory notes — or eNotes — and automated appraisals in federal mortgage programs.

Fannie Mae’s treatment of a reperforming loan package helped drive up earnings by almost 41% to $4.5 billion, delivering a stronger dividend to Treasury ahead of a leadership change.

The Federal Reserve has kept interest rates low to reduce unemployment and to keep prices stable. But in “Engine of Inequality," Karen Petrou argues that its accommodative stance is actually making the wealth gap wider.

Widespread card acceptance was key to keeping small businesses afloat during the pandemic and will be crucial to helping consumers and businesses get the economy booming again, says the National Taxpayers Union's Thomas Aiello.

Incumbents have access to tons of information on consumers, but developing the means to analyze and act on it requires a strategic change, says Icon Solutions' Simon Wilson.