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JPMorgan Chase said it wants to improve training for technology-related jobs and help community college programs. The five-year initiative is one of several the company has announced in recent years in the name of community development.
March 18 -
Recent data from the National Credit Union Administration breaks down which states surged and which states struggled in 2018.
March 18 -
The Federal Housing Administration is returning to manual reviews of higher-risk loans it insures because it's finding that a growing share have lower credit scores, higher debt-to-income ratios, or both.
March 18 -
The tech company has taken World Wire, its blockchain-based cross-border payments network, live in 72 countries.
March 18 -
Given the size of the deal — which includes about $9 billion of Worldpay’s debt on top of a $34 billion bid — the pressure’s on to build a global powerhouse that can counter other major fintech mergers announced in the past weeks. FIS must also emerge as a nimble rival to the startups that threaten the old order.
March 18 -
An initiative by Visa and Lloyds doesn't go far enough and is counterintuitive to the card network's move to reduce cash, argues Mark Horwedel, a strategic consultant to CMSPI.
March 18CMSPI -
Gene Novello will take over at the Crown Point, Ind.-based institution when Mike Hussey retires later this year.
March 18 -
Policymakers should continue to simplify requirements, so that banks and regulators alike can focus on the most important measures of stability.
March 18American Bankers Association -
Mastercard Inc. is concerned that India’s strict data localization rules could compromise its ability to detect frauds and money laundering in the domestic payments system.
March 18 -
The $35 billion deal could create "a global payments giant"; with the number of community banks dropping as low as 5,477, it may be time for new ones.
March 18