Consumer banking
Consumer banking
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Fed Chair Janet Yellen called the Treasury's report a "complicated document" that shared many of the central bank's objectives, including reducing regulatory burden without sacrificing safety and soundness.
June 14 -
Casey Crawford, head of the rapidly growing Movement Mortgage, recently recapitalized First State Bank in Danville, Va., with his own money.
June 14 -
The city is booming thanks to its rising population, revitalized downtown and diverse economy, attracting bank buyers and de novo interest.
June 14 -
The Indiana company will pay $92 million for Wolverine Bancorp
June 14 -
One might assume, wrongly, that the successful fintech entrepreneurs are millennials who are only creating lifestyle apps for their age bracket.
June 14 -
The nation's largest bank is dominant in New York, California and Texas, but it has little presence in the Mid-Atlantic and upper Midwest.
June 13 -
Digital banking services should solve consumers' problems and offer them advice, and they must rely on artificial intelligence and other cutting-edge technology, bankers from TD, RBC and Bank of the West said.
June 13 -
The Florida Bankers Association recently canceled a fintech conference due to a lack of interest. Such aversion could prove costly for bankers in the future.
June 13 -
JPMorgan Chase’s partnership with OnDeck Capital was expected to augur a wave of similar agreements between banks and online business lenders. But so far, most banks have avoided joining forces with companies they also view as competitors.
June 13 -
Digital banking executives such as B of A's Michelle Moore love apps like those offered by Pottery Barn and Starbucks for their ability to connect the physical and digital worlds.
June 13 -
The company will pay about $219 million for Diboll State Bancshares.
June 13 -
The Utah company has similar arrangements with Staples, GoDaddy and LegalZoom.
June 13 -
Customers were previously required to provide access to their accounting software, but now they can connect a business bank account instead.
June 13 -
Dan O'Malley, who until very recently ran the fintech incubator at Eastern Bank (and before that was at Capital One), now has a startup called Numerated Growth Technologies and software that he says can process loans in five minutes.
June 13 -
The Treasury Department published its first report on regulatory reform, offering some familiar industry asks alongside some surprising positions.
June 12 -
Too many consumers don't fully understand how the apps work and don’t trust that their data is secure, a new J.D. Power study shows.
June 12 -
The financial institution-owned person-to-person network formally went live Monday, enabling direct transfer of funds across 30 U.S. FIs. There are a lot of questions around whether it can compete with the current kings of P-to-P — Venmo and PayPal — but Zelle may not be aiming to take them head-on just yet.
June 12 -
An alliance between State Department FCU and American Citizens Abroad seeks to lower barriers for how Americans living abroad access their money.
June 12 -
The city has spent more than a decade working with nonprofits and banks to encourage people to open deposit accounts. Outreach and special products have lowered the unbanked rate in San Francisco to 2.1% in 2015 from 5.9% in 2011.
June 12 -
Financial institutions are understandably concerned about sharing sensitive member data, but a fintech startup with credit union DNA is looking to change that.
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