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The drudgery of filling out forms and changing bills prevents many customers from swapping banks. One fintech has simplified that exchange, and banks are willing to pay it to deliver them new customers.
February 26
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The Securities and Exchange Commission rejected the banks' arguments that the proposals amounted to shareholder micromanagement and that they have made ample disclosures.
February 26
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The CEO of the nation's biggest bank gave the fintech props for revolutionizing payments and then building off its success to provide a whole range of services to small-business clients.
February 26
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The agency wants to increase the maximum SBA Express loan to $1 million from $350,000 to pump up volume.
February 26
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Lawmakers on the Senate Banking Committee pushed Federal Reserve Chair Jerome Powell for details about how he plans to review the proposed merger between the two regional banks.
February 26
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German payments company heidelpay has made a series of recent deals to diversify its merchant appeal, including this week's agreement to buy digital point of sale terminal seller Alpha-Cash Payment GmbH.
February 26 -
The root of the credit reporting sector’s problems may be its dominance by a handful of big firms, lawmakers from both parties said at a hearing.
February 26
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Mobile payments adoption is patchy, but it's getting a higher profile in social media.
February 26
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Amazon, Accenture and Mastercard are using digital identity, blockchain and mobile payments to crack a window into sustainability and inclusion, but they’re also gaining potential retail benefits by capturing consumers who crave information about the origin of products.
February 26
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The Exton, Pa.-based institution plans to open new branches in three counties after posting 11 percent growth in loans last year.
February 26
