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Community banks are open to working with innovative financial startups, but regulators must ensure they face the same oversight standards as traditional banks.
April 8 -
A senior official recently criticized how some groups responded to the OCC’s initial steps to reform the Community Reinvestment Act. It’s a worrying sign that the agency will ignore concerns raised by advocates.
April 8California Reinvestment Coalition -
CEOs at Bank of Montreal and TD Bank Group say they are unlikely to touch the American cannabis industry until the laws change.
April 8 -
A banking lobbyist recently quoted in Credit Union Journal is painting an inaccurate picture of the industry and its tax exemption.
April 8League of Southeastern Credit Unions -
The bank’s biggest shareholder says Wall Street shouldn't yield its next CEO; concern that mistakes that led to the financial crisis are being repeated.
April 8 -
The information you need to start your day, from PaymentsSource and around the Web. Today: Attackers hit DNS servers at financial companies; Shareholder sues over Fiserv's deal to buy First Data; New sandbox; Digital ID advances in the Philippines; Russia's gas company turns to DLT.
April 8 -
In a unique deal, organizers of Village Financial Cooperative received $500,000 from the Minneapolis City Council as they aim for a June opening.
April 8 -
As Amazon experiments in retail models that remove cash and plastic cards in favor of online and mobile payments, traditional retailers may have an ace up their sleeve: the gift card.
April 8 -
Crooks are going after automated tax communications, text and streaming video. Here's what payment companies should do to educate their consumers, according to Robert Fodor, chief data scientist and vice president of fraud for Interac.
April 8 -
Since Wells Fargo’s phony-accounts scandal broke in 2016, the bank has appeared contrite in public. In private, it’s a different story.
April 7