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While the looming loan-loss accounting standard has been criticized for its complexity and the potential cost to implement, some advocates believe it could also lead to better pricing decisions and improve communication within a bank.
August 9 -
The logistics company said it intends to use the funds to invest in supply chain technology and serve merchants on its platform, which connects scooter-riding drivers in about 400 cities with about 1.2 million online merchants and delivers everything from packages to groceries.
August 9 -
A mortgage fraud scheme involving fake employment records, initially thought to be contained to Southern California, is occurring statewide, Fannie Mae said in a new fraud alert.
August 9 -
Interactive teller machines and other solutions are helping credit unions improve service for members whose primary language is not English.
August 9 -
The acquisition is further evidence that Paytm is continuing to diversify from being just a payments app and into more of social media app with a payments capability.
August 9 -
A week after the Treasury Department laid out a plan for federal fintech regulation, it is already unclear which agency is leading the charge.
August 9 -
While Workers United will no longer own more than half of Amalgamated's stock, it will remain the bank's biggest investor.
August 9 -
Cash discounting, or informing customers that items in the store are priced less expensively if purchased with cash, does not have the legal barriers of straight surcharging, which is simply charging more for products to cover card fees.
August 9 -
Three of the trade group's specialty councils banded together on a report that looks at how credit unions can improve their metrics and data analytics related to growth.
August 9 -
Facebook is seeking customer data from big banks. Executives say it's not clear what the benefit would be, but the drawbacks are easy to tally.
August 9
American Banker and Financial Planning













