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Federal Reserve Chair Jerome Powell largely hewed close to his predecessor's positions in his first congressional testimony as the top central banker, but also signaled important changes when it came to paying banks interest on reserves and other topics.
February 27
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The tax reform law passed late last year, which significantly cut the corporate tax rate, has been widely popular among banks, but a one-time hit to the value of their deferred tax assets was felt far and wide.
February 27
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As mobile technology improves and PayPal's in-store network gets larger, it is looking for more customized options to engage consumers.
February 27
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At the Credit Union National Association's Governmental Affairs Conference, CUNA unveiled its newest initiative to drive membership.
February 27
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Acting CFPB Director Mick Mulvaney dismissed concerns by Sen. Elizabeth Warren, D-Mass., about his leadership of the consumer agency while supporting a lighter regulatory touch for credit unions.
February 27
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Aspiration Bank relies on software tools to pull data from diverse sources to prevent fraud in account applications.
February 27
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The Federal Trade Commission contends Venmo misled consumers on funds availability and security disclosures
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February 27
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Lawmakers should consider taxing large, banklike credit unions that have strayed from their original fields of membership, argues a credit union executive.
February 27
Idaho State University Credit Union -
Chuck Adcock will take the helm in April, 24 years after he started at the credit union as a teller.
February 27
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While the $632 million-asset nbkc bank was the smallest known participant in the recent round of funding for Greenlight, the investment wasn't its first foray into fintech.
February 27
