Coronavirus Impact
Coronavirus Impact
Wealth Think

In a still male-dominated industry, does the network help attract and keep more women at the firm? CEO Shirl Penney says yes and has the results to prove it.

May 11
2 Min Read
BankThink

The failure to bring decades-old processes into the digital era not only continues to cost companies dearly but has become increasingly disruptive in the current COVID-19 environment.

May 11
2 Min Read

U.S. card issuers aren’t getting the full benefit of the contactless phenomenon because of their slower contactless card rollout strategies.

May 11
4 Min Read
Consumer survey on consumers' ability to weather loss of income

Complaints to the bureau hit an all-time high in April. More than one in five said servicers wouldn't grant deferrals, forced borrowers into forbearance or violated other requirements of the coronavirus relief law.

May 10
6 Min Read

Late approval and delayed access to the Fed’s liquidity facility have forced fintechs to play catch-up in the Paycheck Protection Program. A strong finish could bolster their case for becoming full-fledged Small Business Administration lenders.

May 8
5 Min Read

When Fiserv purchased First Data in 2019, it was part of an industrywide push to combine bank and merchant technology under one roof. A year later, a key piece of First Data’s technology — and its top executive — have become Fiserv’s path through the coronavirus crisis.

May 8
4 Min Read

Institutions need to think about revenue streams and portfolio diversification as the coronavirus affects much of the U.S. economy.

May 8
4 Min Read
The Fed said Friday that earnings of large U.S. banks decreased by more than 50% during the first quarter of 2020 compared to the first quarter of 2019, largely due to higher provisions for loan losses.

The Federal Reserve also said in a supervisory report released Friday that it would conduct stress tests this quarter as planned, taking into account sudden deterioration in the economy brought on by the coronavirus pandemic.

May 8
2 Min Read
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