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A new set of tougher scenarios did little to keep large banks from passing the most recent stress tests mandated by the Dodd-Frank Act.
June 21 -
Mary Hughes, acting director of finance at the Idaho Department of Finance, will receive the trade group's annual award during its 2019 State Summit.
June 21 -
Google explored the OCC's fintech charter, then walked away; the biggest changes in digital banking could be just ahead; 'Truist' rebrand prompts lawsuit by N.C. credit union; and more from this week's most-read stories.
June 21 -
Large banks had huge losses from originating mortgages in 2018 as costs were three times higher than similar-sized independent lenders, according to research conducted by Stratmor and the Mortgage Bankers Association.
June 21 -
Executives and directors from across the industry discussed their concerns for the industry and priorities for the next year during this year's NAFCU and CUNA annual conferences.
June 21 -
A customer who sued Chase over credit card interest charges is now asking a judge to order the bank to stop notifying cardholders about its plan to reinstate arbitration.
June 21 -
Banks are increasingly turning to outsiders like Nikki Katz, a former Disney executive now at Bank of America, and Joel Kashuba, formerly of Procter & Gamble and now at Fifth Third, to help build their digital experiences.
June 21 -
In the U.K., next-level fraud types — involving technologies such as push payments and P2P — are gaining traction now that EMV has been in place for more than a decade.
June 21 -
Members of the Georgia Credit Union Affiliates have voted to join the League of Southeastern CUs, the second such merger this year. Analysts say there could be more to come – and soon.
June 21 -
Libra has only been public for a few days, but it has been enough time for regulators around the world to savage the project and schedule hearings. Jorn Lambert, executive vice president of digital solutions for Mastercard, said the project's objectives are aligned with the regulators' concerns.
June 21