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Nearly one in four bankers said that the tech giants pose the biggest competitive threat in the long term. But are those fears warranted?
November 21 -
In an update of its rulemaking agenda, the bureau said it "expects to take final action in April 2020" on a proposal that would rescind strong underwriting requirements.
November 21 -
The Treasury Department's CDFI Fund issued nearly $32 million to credit unions this week after providing $3.5 million in technical assistance grants earlier this year.
November 21 -
New data analytics could help provide more comfort to banks in doing business with the cannabis industry, despite restrictive federal laws.
November 21Quantexa -
Paul Simons has worked in the industry for 48 years, including more than three decades at the helm of the Illinois-based institution.
November 21 -
Several credit union leaders were recognized for their contributions while other personnel changes were announced.
November 21 -
The CFPB has promised an equal-access rule for small-business lending for nearly a decade. But Apple’s recent discrimination inquiry into its credit card could force the agency’s hand.
November 21Kabbage Inc. -
Barclays improves biometrics; Confusion over Libra's regulatory status; and other information you need to start your day, from PaymentsSource and around the web.
November 21 -
New fintechs, particularly those that handle data, will falter without transparency and information stewardship, says AvidXchange's Steve Boehm.
November 21AvidXchange -
A lawsuit filed by a New Jersey branch employee who was fired in 2016 includes detailed allegations about the pressure that front-line workers faced to meet monthly sales targets. The case is scheduled to go to trial in February.
November 20