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Director Mark Calabria urged lawmakers to grant the agency chartering authority similar to that of bank regulators to boost competition in the mortgage market.
June 12
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Several prospects, including JPM’s Gordon Smith, are reluctant to take on a thankless job; lower interest rates, quiet trading will yield disappointing results.
June 12
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The Australian API payments and rewards platform provider Verrency has closed on a $7 million (AU$10 million) Series A funding round, bringing the total funds raised to-date to $14 million (AU$20 million).
June 11 -
Payments software provider SpotOn Transact LLC has received $40 million in new funding from Franklin Templeton and participant Dragoneer Investment Group.
June 11 -
Digital payments are creating a wealth of data that can be used to inform other types of financial services for managing debt or promoting financial inclusion — and these services are, in turn, attracting the interest of venture capitalists.
June 11
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Alkami Technology said it would use its latest round of funding to expand its white-label services for small banks and credit unions.
June 10
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Founders Bank is the latest de novo effort that will target the nation's capital.
June 10
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The Tampa-based institution says it is poised for growth, but the new asset class also opens it up to additional scrutiny from the CFPB.
June 10
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A trio of big deals in the payments and financial tech area and continued bank and venture capital interest in fintech investments are creating expectations for a banner year.
June 10
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The group behind Bank of St. George is looking to bring in up to $22 million in initial capital.
June 7
