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Despite recent chatter about a delay, there’s reason to believe the Current Expected Credit Losses accounting standard will go into effect next year. Regulators should do more to help smaller institutions prepare.
February 5
Ardmore Banking Advisors -
Superior is the latest credit union to announce an acquisition involving a bank.
February 5 -
The company said the move reflects intense competition and a "significant decline" in origination volume.
February 5 -
Federal Reserve chairman and vice chairman meet the president for dinner, but interest rates aren’t on the menu.
February 5 -
Senior loan officers also expect decline in loan performance; meeting termed "cordial and collegial."
February 5 -
The information you need to start your day, from PaymentsSource and around the Web. Today: Starling's post-Brexit plan; New York Fed to help Bangladesh Bank find stolen funds; Amazon's biggest deal; New rules for crypto.
February 5 -
Steve Boms, executive director of the Financial Data and Technology Association, says open banking standards are needed for U.S. banks and fintechs to follow.
February 5 -
Unattended retail, which traditionally meant vending machines, laundromats and very small mini-stores, is benefiting from the same trends that make Amazon's cashierless stores possible. But is there room in the market for both models?
February 5 -
Making micropayments feasible and viable for businesses will open up a whole new world of online commerce that was just not possible before, writes Sushil Prabhu, CEO of OpenCrowd.
February 5
OpenCrowd -
Absent some policy change, nearly a third of the loans backed by Fannie Mae and Freddie Mac could be in violation of the Consumer Financial Protection Bureau's Qualified Mortgage rule in two years.
February 4













