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The bill would raise the threshold to $250 billion for SIFI banks; small banks that lowered credit standards to attract customers are paying the price.
March 5
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The information you need to start your day, from PaymentsSource and around the Web. Today: Amazon's reportedly in talks with JPMorgan Chase to build a checking account; Mexico may adopt open banking; U.K.'s regulatory sandbox may expand; Walmart adds to its delivery strategy; Louisiana investigates unauthorized bitcoin mining.
March 5
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Customer support may seem like it's innovating through the use of artificial intelligence and chatbots, but all of that is built on a foundation that's stuck in the stone age.
March 5
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Online lenders build a seamless customer journey from screening to underwriting to origination to servicing to funding, writes Krista Morgan, CEO and co-founder of P2Binvestor.
March 5
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Though the Merchant Customer Exchange failed to deliver a consumer-facing mobile wallet for its mega-retailer backers, Buy It Mobility Networks (BIM) says the underlying technology it provided is still sound.
March 5
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The $356 million-asset Bridgewater Credit Union plans to merge into $596 million Merrimack Valley Credit Union in the summer of 2018, pending regulatory approval.
March 2
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The Senate is poised to pass the most substantial bank regulatory relief since the crisis, but any disruption of the post-crisis regime is still eclipsed by how much the bill enshrines Dodd-Frank.
March 2
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Newly expanded Justice Federal Credit Union now has 27 branches in 8 states, plus D.C.
March 2
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CFPB examiners aren’t backing down over technical issues, and plaintiffs – as well as state attorneys general – could cause more issues for CU compliance, a panel of legal experts told credit unions at the 2018 CUNA GAC.
March 2
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The Russia probe puts a national spotlight on a Chicago bank exec; CFPB's Mulvaney and Sen. Warren face off (again) while a credit union CEO takes a surprising position on the industry's tax exemption.
March 2
