Daily Edition

The fintechs Nymbus and Segmint teamed up to translate the gibberish on bank statements into actionable data.

Mastercard is updating the requirements it sets for banks that process payments for sellers of adult content.

Heritage Southeast Bank in Georgia will become the latest community bank to stop paying federal taxes when it merges into VyStar Credit Union later this year. It's time for Congress to investigate this consolidation trend and its impact on taxpayers.

Net income was boosted by a $1.6 billion release of loan-loss reserves.

Fees from investment banking and larger-than-expected reserve releases more than offset a sharp drop in loan volume.

JPMorgan Chase reports first-quarter results; proposed corporate tax hike could boost infrastructure and other tax-advantaged lending.

The growth in e-commerce has opened new avenues for crooks, with better tech, compliance and educated consumers needed, says Ecommpay's Paul Marcantonio.

Daily edition for April 14, 2021.

The fintechs Nymbus and Segmint teamed up to translate the gibberish on bank statements into actionable data.

The company will give retail account holders 24 hours to cancel upcoming payments that would put them in the red. The move addresses customers’ top gripe and will have benefits that offset the lost income, executives say.

The nine-year-old service predates the payments-oriented fintechs that have become popular in recent years.

The South Carolina credit union has pivoted to an open-concept model that allows for social distancing, along with a walk-up window to serve members outside the branch if lobby access is restricted for any reason.

The company agreed to pay a $750,000 to address claims it steered consumers into high-cost loans from affiliated lenders. It will also reimburse consumers $646,000 in fees.

As the World Council of Credit Unions and its Worldwide Credit Union Foundation work to advance cooperative finance around the globe, one of the industry's biggest players has committed to matching donations up to $1 million.

The San Francisco company has now backed 11 minority-owned banks as part of a $50 million pledge it announced last year.