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Campaign rhetoric and industry political spending shows that private equity and investment firms have taken banks' place in the hot seat.
October 14 -
No, it's not about fingerprints this time. Banks are testing biometric technology to help spot unusual behavior that suggests the user of a P2P app like Zelle is being tricked into sending money to a scammer.
October 14 -
A preemptive move to establish an SRO could create necessary safeguards while holding off burdensome intrusion from the federal government.
October 14
Allon Advocacy -
For some bankers, net zero is like a new year's resolution — a pledge one makes and often breaks before a year has passed.
October 14 -
The London fintech is trying to build name recognition against established competitors like PayPal and Square.
October 14 -
While Citigroup's Wall Street operations wrestle with tough markets, the bank is getting a boost from the little guy: consumers leaning on credit cards during the worst inflation in a generation.
October 14 -
The company generated $17.6 billion in third-quarter net interest income. Expenses also came in lower than analysts expected, driving a profit beat.
October 14 -
Wells Fargo set aside an additional $2 billion to resolve a variety of legacy regulatory and legal woes as Chief Executive Charlie Scharf continues wrestling with the costly fallout from scandals he was hired to resolve.
October 14 -
Loan officers say that the platform discourages them from originating loans.
October 14 -
The average interest rates that banks pay to commercial clients jumped at the end of the summer, according to survey data. Industry executives are likely to face questions about the outlook for 2023 during upcoming earnings calls.
October 13












