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Larger community banks are favoring bigger targets — or relying more on organic growth — to expand.
August 24 -
Citigroup was so impressed with a test drive of AI software it invested in its maker; the FBI's warning of a cyberattack targeting ATMs came to pass — expect more to come; debating whether state AGs can serve as de facto CFPBs; and more from this week's most-read stories.
August 24 -
It’s great for bragging rights, but when banks make large investments in technology they run the risk of irritating investors who think they’re spending too much money for too little payback.
August 24 -
A letter supposedly sent to U.K. bank customers warns that Barclays debit cards could explode. The letter then urges recipients to mail their cards, along with their PIN codes, to an address in Bangalore. But is this really happening?
August 24 -
Google can’t underestimate the importance of its maiden voyage with Google Wallet and the lessons the company learned in being one of the first to offer payments through cellphones in the U.S.
August 24 -
While layoffs are a regular part of life in much of the workforce, that's not generally the case at credit unions. But analysts say there are multiple factors contributing to that, and it takes a strategy to ensure stability.
August 24 -
The agency says it will act independently of other regulators to release a notice asking for public input on revamping the decades-old law.
August 24 -
Federal Reserve Chairman Jerome Powell said the fundamentals of the U.S. economic expansion look strong and support the case for continued gradual interest rate increases.
August 24 -
An OCC charter for fintechs requires firms to meet a “financial inclusion” standard instead of conventional Community Reinvestment Act requirements. That’s a problem.
August 24
K.H. Thomas Associates -
The move is important for new banks in states like California, where a small-business lending program requires a three-star rating from the agency.
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