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Travel disruptions make it crucial for hospitality providers to handle bookings, cancellations and postponements — and the underlying payments and refunds — with ease. Software vendors are tailoring their products to address the needs of this and other niches.
February 15 -
The banking industry appears to be stuck when it comes to diversifying the leadership ranks.
February 15
RSF Social Finance -
The San Francisco bank entered into a multiyear partnership with Choice Hotels, which operates brands such as Radisson, Comfort and Econo Lodge. The company had previously partnered on its credit cards with Barclays.
February 14 -
The personal financial management app, which has been downloaded 5 million times, was letting some users view emails and other personal information of other customers.
February 14 - Software development
Matthew Pincoski, director of engagement systems at Ent Credit Union in Colorado Springs, describes some of the ways he and his team have been using low-code and no-code software to do things like create next-best-offer messages for customers.
February 13 - AB - Technology
More regulated institutions serving crypto-related businesses would lead to more safety and soundness overall, many experts argue.
February 13 -
The agency should be asking why, in today's America, there is anyone who wants a full-service checking account but can't get one.
February 13
Klaros -
Banks that previously based more of their incentive compensation decisions on loan production are recalibrating this year. It is the latest sign of how competitive the deposit market has gotten.
February 12 -
The New York City Banking Commission will now require banks seeking access to municipal deposits to provide detailed plans about how they are combatting discrimination. The commission is also implementing a public comment process as part of its process for determining which banks are eligible.
February 10 -
Compliance software helps banks onboard and monitor cannabis business clients in a regulatory grey zone.
February 10 -
The two banks are now targeting May 27, three months later than their previous goal. The transaction, which would create a top-six U.S. bank by asset size, was originally expected to be completed last fall.
February 10 -
The Community Bankers Association of Illinois is calling on regulators to issue guidance that would make large financial institutions toughen customer verification and be more cooperative in resolving disputes over falsified checks.
February 9 -
Cloud providers don't communicate well about outages and small banks lack the right staffers, among other issues federal regulators identified.
February 9 -
Goldman Sachs, Capital One and New York Community Bank are shrinking their workforces, and other banks are planning to do the same. Whether such reductions become more widespread will depend largely on loan demand in 2023, according to analysts.
February 9 -
The bank was already mulling headcount and compensation reductions in early September.
February 9 -
The North Carolina bank's new financing program will allow electric car buyers to include the cost of an at-home charging station in their auto loan.
February 8 -
A fraught but often-overlooked episode near the end of the retired baseball legend's life carries lessons and inspiration for financial professionals.
February 8 -
Adelphi Bank in Columbus was given the green light by the Federal Deposit Insurance Corp. to open.
February 8 -
The bank's delay in investigating the case forced the plaintiff to resign from the bank in July 2021, according to the complaint. Wells said that it takes allegations of misconduct "very seriously."
February 8 -
Primis Financial in McLean believes its multimillion-dollar investment in a subsidiary that makes online loans to doctors, dentists and veterinarians will begin paying off this year, after build-out costs weighed on the bottom line in 2021 and 2022.
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