Court documents reveal how a teller used the drive-through window and work email to aid a scheme that bypassed TD's fraud defenses.
The digital bank will also help San Francisco-based Lendeavor’s expansion efforts.
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The stablecoin issuer has kicked off its initial public offering after reportedly delaying it due to macroeconomic uncertainty caused by Trump's tariff plans last month. It first filed its S-1 with the Securities and Exchange Commission in April.
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As real-time payments become more common, UBB's partnership with fintech Pidgin offers a roadmap for smaller banks to stay relevant.
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Infrastructure provider BVNK will enable the new stablecoin offering and crypto firm Fireblocks' integration services will help facilitate the connection to Worldpay.
Banks are using Receptiviti’s software to find signs of stress, collusion and questionable sales practices among employees.
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Its savings, budgeting, spending and goal-setting tools, combined with artificial intelligence to add smart insights and advice, are a good example of how regional banks are trying to distinguish their mobile products from those of bigger banks with larger tech budgets.
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From canned food drives to sponsoring a 5k race, here is a look at how credit unions are making a difference.
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Three credit unions will receive $18,000 each and work with the Center for Financial Services Innovation to track the strength of certain products and services.
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Even "lifers" are considering new jobs as financial institutions bulk up to expand into new markets.
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The new hires joined Veritex from Bank of Houston, which has also been aggressively recruiting bankers.
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The lender is the latest to announce cuts in response to declining production volume.
The Connecticut-based community bank announced a raft of new board and executive appointments, giving shape to a new strategy aimed at winning more business from high-net-worth individuals.
The Treasury Department proposed a rule delaying investment adviser AML requirements to 2028 and sought public comment on implementing regulations for a stablecoin bill passed earlier this summer.
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Artificial intelligence is going to be integrated into the financial system. So, banks need to be clear-eyed about its potential dangers, and proactive about avoiding them.
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Banks should embrace Kamala Harris' effort to drive sustainable, equitable economic growth. Doing so will open them up to underserved communities where they can build customer loyalty among a population primed for rapid development.
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The law that created the Consumer Financial Protection Bureau stipulates that the agency must be funded by the central bank's earnings. But, the Fed has been losing money for two years. Therefore, its payments to the agency are not legal.
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The e-commerce giant, which is in the midst of a corporate downsizing, is discontinuing its Go and Fresh stores and One palm checkout while it repurposes the underlying technology.
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The Minneapolis-based company will return to its former governance structure when it installs CEO Gunjan Kedia as board chair. Andy Cecere had served as chair during his tenure as the company's chief executive, and then became executive chair when he stepped down as CEO last year.
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Acquiring Stellar Bancorp will create the second-largest Texas-headquartered bank, with a No. 5 deposit share in the massive Houston marketplace.
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As the Federal Open Market Committee announces its near-term interest rate plans Wednesday, market watchers expect the central bank to hold interest rates steady as policymakers seek greater clarity on the health of the economy.
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Julia Carreon is suing the bank, alleging she suffered race and sex discrimination, including sexual harassment by Andy Sieg, the bank's head of wealth management. On Tuesday, Citi hit back by filing a petition to compel arbitration and accusing Carreon of making false claims.
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The Tulsa, Oklahoma-based bank expects the pace of loan growth to quicken this year, driven in part by its nine-month-old warehouse lending business.
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Trump, during his return from Davos, signaled reluctance to allow 401(k) withdrawals for home down payments, but other tax-advantaged options remain on table.
The Boston bank, which has been targeted by an activist investor over its M&A strategy, isn't pursuing deals, CEO Denis Sheahan said Friday. Instead, the company is focused on organic growth and share buybacks.
The 23rd annual ranking of women leaders in the banking industry.
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