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The bipartisan House effort to delay the Current Expected Credit Loss standard comes less than a month after Republican senators introduced a similar bill.
June 11
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The top Democrat on the Banking Committee suggested the absence of data brokers at a hearing on privacy legislation was "cowardice."
June 11
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The ride-sharing heavyweights Uber and Grab built their markets by making payments seamless, and their expansion plans are similarly hooked into improving payments and other financial services.
June 11
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JPMorgan Chase & Co. said it won’t shut the accounts of credit-card customers who reject a new policy of using arbitration instead of the courts to resolve payment disputes.
June 11
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The agency’s new guidance would limit some nonprofits’ ability to help borrowers pay their down payments, leading to higher home costs.
June 11
National Homebuyers Fund -
NCUA Chairman Rodney Hood met with President Trump while credit unions across the country announced a number of staffing changes and promotions.
June 11
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Payments software provider SpotOn Transact LLC has received $40 million in new funding from Franklin Templeton and participant Dragoneer Investment Group.
June 11 -
The key to capturing young consumers is flexibility and choice at the point of sale, says Michael Rouse, chief commercial officer at Klarna.
June 11 Klarna -
Manulife Financial, Canada's largest life insurer, is taking on the country's large lenders with a new package of banking products designed to win over digitally savvy millennials.
June 11
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The president says the Fed is giving China a competitive advantage; bank stocks gained after tariffs on Mexican imports nixed.
June 11
