Merchants alleged the major card networks illegally conspired to shift fraud liability onto them with the adoption of EMV chip technology.
USAA's newest app, Savings Coach, analyzes financial data to recommend small amounts of money to save and invites members to take savings challenges, then moves the money upon the member's approval. The app comes at a time when millennials have a negative savings rate.
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Too few lenders are underwriting unsecured consumer debt, which could help borrowers pay down credit card balances with little risk to lenders.
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The credit card company is creating avenues for their staff, veterans and talent outside their organization looking to upskill.
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FedNow will transform payments in the U.S., but its adoption might speed up if the Fed adopts some of the strategies Brazil used to roll out its Pix platform.
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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Grantor retained annuity trusts allow wealthy children to pass investment gains on to their parents or grandparents without dipping into their $5 million lifetime gift tax exemptions.
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SEI Advisor Network added 406 new registered investment advisers last year as it increased assets under management to $31.1 billion.
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HSBC will halt its push for new clients of HSBC Premier, its flagship banking service aimed at wealthy international clients, as it tackles company-wide cost overruns.
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Community banks generally make digital a consumer play, but TransPecos Bank, with its BankMD brand, is focusing on doctor practices, which tend to weather economic downturns well.
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The Senate Banking Committee chairman released an outline for overhauling the U.S. housing finance system more than 10 years after the government put Fannie Mae and Freddie Mac into conservatorship.
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Readers weigh in on calls that regulators consider the financial risks from climate change, respond to Trump administration plans to overhaul the housing finance system, consider GOP strategy on the House Financial Services Committee and more.
Liberty Bank in Salt Lake City had been "structurally unprofitable" since 2008, according to its regulators. Experts criticized the FDIC for allowing the bank's demise to play out in slow motion.
Luke Pettit could have an expanded role compared to previous assistant secretaries for financial institutions as President Donald Trump eyes Treasury lead for deregulatory agenda.
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The executive order on cryptocurrencies leaves many important questions unaddressed.
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Mutual institutions, long pillars of underserved communities, now face insurmountable barriers to entry.
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"The Fed has increasingly appeared disinterested in doing its important, clearly defined job and more interested in doing mine," writes Sen. Cynthia Lummis, R-Wyo., a member of the Senate Banking Committee.
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The two banks lead Evident's AI Index, which scores banks according to AI talent, innovation, leadership and transparency.
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Top Democratic lawmakers are asking the full appeals court to hear a case about the Trump administration's efforts to fire employees at the Consumer Financial Protection Bureau.
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The Senate confirmed former Federal Deposit Insurance Corp. board member Jonathan McKernan to serve as Treasury's under secretary for domestic finance on a party-line vote, installing a key industry ally in the Treasury Department.
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In a new survey, 28.4% of community banks said that regulation represented an "extremely important" risk, down from 44.1% last year.
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A new report links a surge in consumer complaints to two financial influencers selling dubious advice and products to millions of followers online.
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Don McCree, who has led commercial banking at Citizens since 2015, plans to retire next year. His successor, Ted Swimmer, who was in charge of capital markets, took over on Tuesday.
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The Consumer Financial Protection Bureau will delay its small-business lending data rule by a year, citing litigation and plans to rewrite the regulation in the interim as reasons for the delay.
A flurry of product launches are designed to keep the payment company's merchants in-house by making it easier to deploy artificial intelligence-driven payments and stablecoins.
The 23rd annual ranking of women leaders in the banking industry.
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