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Square Inc. is selling its Caviar food-delivery app to DoorDash Inc. for $410 million, as the money-losing payments company searches for profits.
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The regulators have yet to complete rules on regional bank supervision, community bank capital and other provisions meant to ease institutions' burden.
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Three GOP members of Congress have sent letters to the companies requesting staff-level briefings on the breach in which an ex-employee of Amazon Web Services illegally accessed data of more than 100 million people who had Capital One credit cards or had applied for them.
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Expanding exemptions for initial margin requirements on swaps transactions “would harm financial stability and U.S. taxpayers,” said the top Democrats on the House and Senate banking panels.
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3Rivers Federal Credit Union in Indiana will pay about $38 million for West End Bank.
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It’s not yet time to retire the notion that businesses favor checks for supply chains, but deployments in multiple markets signals a turning point in modernizing B2B payments.
August 1 -
The Federal Trade Commission just updated its website with disappointing news: No, you aren’t getting $125 because of the Equifax Inc. data breach.
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Revolut Ltd.’s chief executive officer said the digital bank is in talks with Martin Gilbert, vice chairman of Standard Life Aberdeen Ltd., about joining the board.
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Once the merger between Infinity FCU and Vibrant CU is completed, the combined institution will have 17 branches across five states.
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The year's second-biggest bank merger created a Midwestern regional with nearly $50 billion in assets, and its CEO and executive vice chairman don't intend to stop there.
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