In a new survey, 28.4% of community banks said that regulation represented an "extremely important" risk, down from 44.1% last year.
Target agreed to settle with more than 100 million customers whose personal information may have been breached in a database hack in 2013, among the biggest to hobble retailers and banks in recent years.
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Three months after the instant payment network went live, users and former Fed staffers say the rollout is going as expected. But the key to wider use depends on banks and their customers figuring out what to do with it.
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Brazil's PIX network has sparked a venture-capital boom in an otherwise down economy, including interest from U.S. investors.
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Months after acquiring credit card program management startup Power, Marqeta has introduced a service to embed credit offers within brand marketers' websites and applications.
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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The Investment Management Consultants Association announced Jan. 27 that the cumulative pass rate for its CIMA qualification exam was 63%, and 58% for the CIMA certification exam.
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LPL Financial, the largest independent broker-dealer, announced Monday that it supports the adoption of a uniform fiduciary standard for financial advisers, as recommended last week by a Securities and Exchange Commission study.
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Convexity Capital Management LP, the $12.3 billion fund run by Harvard University's former endowment head Jack Meyer, told clients it beat benchmarks by 5 percentage points in 2010 even with "mediocre" trading opportunities.
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The presumptive chair of the House Financial Services Committee will likely take the panel in a sharply new direction and have a new bully pulpit to criticize the Trump administration.
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Can farmers — and the banks that lend to them — survive Trump's trade war?
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The unique approach Fannie Mae and Freddie Mac are each taking with their credit-risk transfer products is quickly becoming a key point of differentiation that's rekindling competition between the government-sponsored enterprises.
Prosecutors claim Dan Rotta, 77, hid more than $20 million from the IRS, using "pseudonyms, complicated corporate structures, and nominees" to conceal offshore assets and income.
Commoditization of mortgages, plus technology that eases the refinance process, and the regulatory environment, all contributed to the decision.
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Merchants and banks have taken predictably opposing positions on a Federal Reserve proposal to increase competition among networks that route online debit transactions. But amid the hundreds of comments, it's those from supposedly neutral parties — the Department of Justice and the Federal Trade Commission — that stand out.
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A Biden administration proposal to give the IRS access to individuals' banking data is a violation of consumer privacy, writes Sen. Mike Crapo.
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Large banks have received CRA credit for Paycheck Protection Program loans and all types of modifications two to three times more frequently than small banks. The latter need to press examiners to recognize the contribution they’ve made to their communities.
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As the government shutdown stalls key housing programs, lenders are shifting tactics to keep loans moving and preparing for bigger challenges ahead.
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Department officials pushed back on criticism that a banner on its homepage violated a statute meant to curb partisanship in government operations.
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In a break from a 20-year history marked by losses and scandal, California International Bank in Westminster is on pace for its biggest-ever profit, its CEO says.
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The fintech Versatile Credit lets merchants provide point-of-sale credit to consumers in all FICO ranges.
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The industry has developed materials for banks looking to promote anti-scam awareness and more resources for banks.
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The first government shutdown since 2019 will slow flood insurance originations and new Small Business Administration loans, though self-funded banking regulators will continue operating as usual.
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The Olympia, Washington-based acquirer expects the all-stock acquisition of Kitsap Bank's holding company to close in the first quarter of 2026.
The Harrisburg, Pennsylvania, community bank agreed to acquire 1st Colonial Bancorp in Mount Laurel, New Jersey, in a $101 million deal that would help deepen its presence in greater Philadelphia.
The 23rd annual ranking of women leaders in the banking industry.
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