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American banks and their clients now see a business case for ISO 20022 as they expand cross-border and real-time transactions.
May 28
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The heads of the six largest banks endured a second day of testimony as House members quizzed them on overdraft fees, investments in minority businesses and other issues. Meanwhile, the executives pushed back on Democrats’ proposal to raise the corporate tax rate.
May 27
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Nearly a quarter of Black business owners seeking Paycheck Protection Program loans last year applied to fintechs — not far behind the percentage that turned to community banks, according to a New York Fed study. Deepening those new relationships could be a major source of growth for online lenders.
May 27
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The technology giant is looking for a negotiator with experience in buy now/pay later, faster payments and cryptocurrency.
May 27
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Honor Credit Union, one of Michigan’s largest credit unions, announced it's combining with ATL Federal Credit Union, which has just $15 million of assets.
May 27
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Acquiring the U.K. bank’s East Coast branches and online-only bank is “great for our balance sheet, great for our physical footprint” and will accelerate the growth of Citizens’ own direct bank, says Chief Executive Bruce Van Saun.
May 27
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The Treasury secretary previewed President Biden's budget by urging lawmakers to fund the Financial Crimes Enforcement Network's establishment of a beneficial ownership regime.
May 27
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The seemingly expensive acquisition of Aquesta Financial Holdings is the cost of expanding in North Carolina's largest city.
May 27 -
The Australian bank's stakes in technology firms Little Birdie and Amber add price shopping for point of sale credit and bill pay.
May 27
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Josh Haney, who has worked at the Indiana credit union in various roles since 2005, is now its chief executive.
May 27
