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The new capital will allow the Austin bank to increase its lending limit.
May 14 -
Two senators, a Republican and a Democrat, have revived legislation that would prohibit Congress from using certain fees collected by Fannie Mae and Freddie Mac to offset unrelated government spending.
May 14 -
The Wild West of cryptocurrency trading is getting something typically associated with the safest of savings accounts: FDIC protection.
May 14 -
Intense competition for information technology pros is forcing community banks to recruit from outside the financial industry.
May 14 -
Bank of America Merrill Lynch has added Apple Watch capabilities to its CashPro Mobile app, so business customers may approve corporate payments on the go.
May 14 -
It’s no coincidence that with more than half of consumers ages 20 to 29 now holding credit cards — up from 41% in 2012 — 90-day delinquency rates are at a seven-year high, according to the New York Fed.
May 14 -
Digit's savings app, relying on JPMorgan Chase's new real-time payments service, will offer customers an instant withdrawals feature that uses savings as a cushion against checking overdraws.
May 14 -
The Clearing House's Real-Time Payments Network has been slow out of the gate, but it's getting some much needed adoption via a collaboration between personal financial management fintech Digit and JPMorgan Chase.
May 14 -
The agency launched a review to gauge whether the regulation requiring consumers to opt in to overdraft protection “should be amended or rescinded” to minimize the effects on smaller financial institutions.
May 14 -
We must challenge ourselves with transparency by neutralizing gender-specific language in company job advertisements to reach a more diverse pool of candidates and drive responses, writes Nicole Baxby, an account director at Featurespace.
May 14Featurespace