Consumer banking
Consumer banking
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The fintech provides API support to Chime, Varo Money and other challenger banks.
October 17 -
Employee programs need to embrace a wide range of groups including women, minorities and the LGBTQ community.
October 17 -
In celebration of International Credit Union Day, CU Journal presents its 22nd annual photo essay showcasing "the credit union difference" in action.
October 17 -
From increased cellphone usage to shifts in consumer expectations, two longtime executives look back on how the day-to-day business of running an institution has changed in recent decades.
October 17 -
Bank groups that lobbied unsuccessfully for the rent waivers credit unions receive now back a bill that would create equal rates for both industries.
October 16 -
Grasshopper Bank and Mercury are each targeting customers that face limited options in the market.
October 16 -
The accounting board delayed implementation for the majority of banks and credit unions until 2023.
October 16 -
The Pittsburgh company’s “branch lite” approach to retail and middle-market banking in new markets will break even sooner than expected and has had a noticeable impact on loans and deposits.
October 16 -
The deal will create a nearly $500 million-asset bank.
October 16 -
The Minneapolis company attributed the uptick to new tech tools, additional loan officers and other process improvements — not to mention the refi boom fueled by lower rates. It’s a formula other banks are expected to copy.
October 16 -
They’ve long used their marketing muscle to wrest deposit share from smaller competitors. Now, amid growing concerns that the economy is weakening, they could be benefiting from consumers’ flight to safety.
October 16 -
Vocalink beat out four other competing bids to secure a 10-year contract to provide real-time switching and settlements for U.K. ATM operator Link Scheme.
October 16 -
Northern California utility company PG&E recently shut off power to more than 2 million consumers, meaning some insitutions had to move quickly to minimize the outages' impact on operations.
October 16 -
The application for Riverside Bank of Dublin comes just six months after another group opened a bank in a nearby market.
October 16 -
The Minneapolis bank says recent investments in its retail operation contributed to strong improvement in home lending and mortgage banking fees.
October 16 -
Perhaps the biggest test that Charles Scharf will face when he starts next week will be how to control expenses while still trying to make the necessary investments in risk management to satisfy regulators.
October 15 -
The acquisition of Farmers & Merchants Bank created a bank with more than $200 million in assets.
October 15 -
CEO Michael Corbat said he “wouldn’t rule out” building branches to keep the momentum going.
October 15 -
The Massachusetts-based institution, which will forgive more than $750,000 in fees, is the latest to come to an agreement regarding overdraft claims.
October 15 -
During the firm's earnings conference call, Chairman and CEO David Solomon attempted to reassure investors about the costs of Marcus, declining to say when the investment bank might break even on the initiative.
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