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Treasury Secretary Steven Mnuchin was adamant that the Trump administration won’t just let Fannie and Freddie build up their capital buffers and then release the companies. He also said he backed an explicit government guarantee, something only Congress can do.
June 10 -
Despite tension between the U.S. and trading partners, bank are doing booming business in financing cross-border commerce; some Republican lawmakers are getting antsy at the pace of rollbacks for bank regulations, and are pushing regulators for a sense of urgency.
June 10 -
Targeting consumers with poor or thin credit, Amazon is offering a secured card with rewards on par with those offered to mainstream cardholders.
June 10 -
The information you need to start your day, from PaymentsSource and around the Web. Today: Walmart boosts delivery technology; MoneyGram partners with Canada's post office; More automation for Singapore's transit; Vancouver cracks down on bitcoin ATMs.
June 10 -
The payments space is expected to see continued consolidation, new fraud patterns and more contactless cards for the second half of 2019.
June 10 -
Financial institutions have different levels of breach protection than health care, heightening the risk, according to Brad Keller, senior vice president and program director at Shared Assessments.
June 10Shared Assessments -
The group behind Bank of St. George is looking to bring in up to $22 million in initial capital.
June 7 -
Members at the $155 million-asset Partnership still need to approve the proposed transaction.
June 7 -
Freedom Northwest in Idaho hopes a proposal from the NCUA will help it bring in more deposits to fund a fast-growing mortgage business. Banks are crying foul.
June 7 -
Enloe State Bank in Texas becomes the first bank to fail in 17 months; BB&T dangles promise of bonus payments to top executives if they stay; where JPMorgan Chase’s Finn experiment went wrong; and more from this week’s most-read stories.
June 7