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Lawmakers blasted an apparent decision by the OCC and FDIC to move forward with a proposal to reform the Community Reinvestment Act without the support of the Fed.
December 4 -
A 15-hour shutdown of online banking, mobile banking, ATMs and wire transfers was caused by a single data storage unit. BB&T's lawsuit blames the vendor, but the bank may have left itself too exposed to equipment failure.
December 4 -
The industry's dominant growth strategy of 2019 was a hot topic during a House Financial Services Committee hearing.
December 4 -
Nationwide Building Society is investing in the U.K. fintech charity app Percent, broadening Nationwide's support of charities and expanding Percent’s user base beyond its traditional core segment of students and young adults.
December 4 -
The online lender, which has received state approval to establish a virtual currency business, can now offer a full range of investment services — including trading in digital assets — in New York.
December 4 -
Third party and payment attacks are an expanding threat, says says Jscrambler's Rui Ribeiro.
December 4Jscrambler -
Instead of imposing interest rate caps, policymakers should require online lenders to provide clear disclosures and promote partnerships with banks.
December 4CASH AMERICA -
Credit unions must do a better job focusing on how members interact with the institutions chartered to serve them.
December 4PenFed -
ABN Amro cuts ATMs; Clearing House faster pay picks up credit unions; and other information you need to start your day, from PaymentsSource and around the web.
December 4 -
The Mechanicsburg, Pa.-based credit union has revamped its financial literacy offerings to align with in-school curricula on the topic developed by the Pennsylvania Department of Education.
December 4