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At least seven states have suspended K-12 classes, meaning many CUs with student-run branches won’t be able to operate those facilities as educational tools during that time. More industry events have also been called off.
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TD Bank Group's top lawyer will succeed Allen Parker at scandal-plagued Wells Fargo later this month.
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Triad Business Bank, which will immediately have offices in three cities, will debut next week.
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From scams to watch out for to the role banks play in an SBA virus loan program, news about the pandemic's impact was everywhere. Also: As State Farm bows out, U.S. Bank seizes an expansion opportunity; CFPB sues Fifth Third for allegedly opening phony accounts; and more from this week's most-read stories.
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Mastercard is working with Samsung to launch its Pay on Demand platform in emerging markets to drive financial inclusion.
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Coronavirus concerns, along with the Fed's emergency rate cut and an erratic stock market, have forced most bankers to take pause and reassess potential deals.
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Organizers of Riverside Bank of Dublin will need to raise $18 million before opening.
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Facebook and other social media platforms are a powerful way to connect members and loan officers, but lenders must ensure they first have a culture of compliance.
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Fraudsters tend to be oporptunistic. They’re constantly looking for new ways to abuse businesses and cardholders, making it difficult for security professionals to keep up, says Chargeback 911 and Global Risk Technologies' Monica Eaton-Cardone.
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The U.S. challenger bank and the startup STC Pay aim to create a special blend of banking services for millions of tech-savvy, cash-averse consumers in Saudi Arabia.
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