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The trade groups said Friday that a proposed rule from CISA would burden firms with overly broad reporting requirements as they scramble to respond to incidents.
June 28
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New top executives were lined up for lenders across the West and Midwest, including Bank of North Dakota.
June 28
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Executives from Citi and TDECU teased their plans for digital lending at American Banker's Digital Banking conference this week.
June 28
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Bloom Credit Union and West Michigan Credit Union aim to join forces; Long Island-based New York Community Bancorp plans a reverse stock split; Providence, Rhode Island-based Citizens Financial hires longtime California banker to lead its middle-market team; and more in this week's banking news roundup.
June 28
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The company says the FDIC's "pause letters" to banks and denial of Freedom of Information Act requests are illegal.
June 28
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The high court's much-anticipated ruling gives federal courts — rather than executive agencies — the power to interpret ambiguous statutes. The decision is expected to facilitate an increase in litigation over banking regulations.
June 28
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The Treasury Department's Financial Crimes Enforcement Network issued a proposal mandating banks enhance their anti-money-laundering and counterterrorism financing programs, including measures to address fentanyl trafficking and Russian money laundering.
June 28
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The value-added services unit of Visa, led by longtime Australian bank executive Anthony Cahill, covers nearly 200 global products in five categories, and recently produced a 23% quarterly increase in revenue over the prior year.
June 28
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The real test of the value of investments in artificial intelligence and other tech upgrades is the generation of measurable value across a bank's lines of business.
June 28
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Elizabeth Magennis started out as a teller in Brooklyn, New York, and is now the president of the $9.8 billion-asset ConnectOne Bank.
June 28
