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Wells Fargo creates unit to satisfy regulatory demands; U.S. Bank employee fired after blowing whistle on sales scheme, lawsuit says; what BBVA's new U.S. CEO has on tap; and more from this week’s most-read stories.
May 10
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The deals lets a North Carolina group skip the de novo process. West Town, which sold the bank, will use the funds to support a fast-growing business line.
May 10
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Housing advocates and Democratic lawmakers want to create more protections for tenants of rent-controlled apartments, but they are facing stiff opposition from property owners and the banks that lend to them.
May 10
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Silicon Valley, better known for hot tech startups and venture capital firms, is also home to the highest-paying public bank in the U.S.
May 10
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Despite the technology advancements of the past decade, many consumers still provide spoken card details over the phone to company call centers. The practice has triggered security concerns throughout the payments industry.
May 10 -
Germans' devotion to cash is waning, as payments cards edged out cash for total transaction value in German retail sales in 2018.
May 10
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Sens. Mike Crapo and Sherrod Brown are asking Facebook about its consumer financial data collection practices as they consider data privacy legislation.
May 10
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Amazon is undeniably a juggernaut in the realm of e-commerce and digital payments — but its journey was filled with missteps and failed experiments.
May 10
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Solving open banking's challenges requires a whole new approach to international payments beyond basic open development, says Marten Nelson, co-founder of Token.io.
May 10
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From developing a bond with the board to refining communication skills, there are plenty of lessons for credit union leaders to take to heart.
May 10
OCCU
