Small businesses are demanding more from their financial partners—speed,
Customer expectations for digital are a moving target, and banks and their vendors are quickly trying to figure out which products and services to add next.
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Through a partnership with technology firm ServiceNow, the card network is offering ways to reduce banks' cost and complexity of resolving disputed transactions.
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Plaid named Cloudflare's Jen Taylor as its first president as the financial-technology company continues to diversify its products and readies itself for a public listing.
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CEO Alex Chriss told analysts the company's AI-heavy product rollouts won't improve financial results in the near-term.
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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Last year was the worst year for bank-sold annuities in the past decade — yet banks' income from the products seems to have defied gravity, posting just a small decline.
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Thomas Soviero unseated Ken Heebner as manager of the best-performing diversified U.S. stock fund over the past 10 years. His secret: Companies with poor credit.
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Global exchange-traded fund assets surged by 6.7% in the first quarter, to $1.399 trillion, with investors pouring a net $41.4 billion into ETFs — more than double their investments in the first quarter of 2010, BlackRock Inc. said.
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Senior officials at the OCC, FDIC and Fed signaled they agree more than they disagree on a plan to modernize the Community Reinvestment Act.
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Gateway Mortgage Group’s dream of being a national, diversified financial services player will hinge on its effort to turn a community bank into an online-only platform.
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Along with amendments to the Bank Secrecy Act, the Taxpayers First Act could help credit unions maintain their tax-exempt status.
The collateral that supports commercial and industrial loans is generally weaker than in commercial real estate, where banks can take over a devalued office building. Analysts say the loans merit a closer look as commercial bankruptcies rise.
The Consumer Financial Protection Bureau's decision to no longer pursue its enforcement action against the credit reporting bureau marks the eighth lawsuit dropped by the agency in recent days.
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Major foreign banks are just as important to the U.S. financial system as large domestic banks, and ought to be regulated as such.
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The Federal Reserve has made clear it intends to stamp out inflation no matter what, and that means interest rates are likely returning to the old normal of the late 1980s and 1990s. But interest rates on savings accounts haven't caught up.
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As the GSEs enter their 15th year in conservatorship, shareholders are wondering when they'll get their company back.
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Senate Banking Committee Republicans, led by committee chair Tim Scott, R-S.C., introduced a bill that would raise the mandatory reporting threshold for certain currency transactions, a move meant to ease banks' anti-money laundering compliance obligations.
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Senate Banking Committee ranking member Elizabeth Warren, D-Mass., is urging the Federal Deposit Insurance Corp. not to approve new Industrial Loan Company charters until Congress passes a law subjecting ILCs to bank holding company rules.
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Banks and credit unions are steering away from stablecoins chiefly due to lack of customer demand, per new American Banker research.
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The two companies are collaborating on making the digital asset private for payroll and other business transactions. While it's unusual, as the most well-known stablecoins are on public ledgers, tech firms are warming to the idea.
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Following a $60 million credit hit, the Salt Lake City bank said that it hasn't found any other related problem loans.
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The parent company of Heartland Bank and Trust plans to acquire a smaller bank based in Carlinville, Illinois. The acquisition would give the buyer added heft in Central Illinois, as well as the Chicago and St. Louis metro areas.
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After a quarter in which Goldman Sachs beat Wall Street's expectations, CEO David Solomon said he was seeing a "meaningful improvement" in the macroeconomic environment.
The San Francisco-based banking giant reported a 9% annual jump in quarterly profits. It also made official its appointment of CEO Charlie Scharf as chairman.
The 23rd annual ranking of women leaders in the banking industry.
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