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Chairman Jelena McWilliams previewed a proposal to update the agency’s definition of brokered funds, but also suggested steps lawmakers could take to improve the rule’s underlying statute.
December 11 -
Going contactless has been a bigger challenge in New York because of the size and complexity of its transit systems.
December 11 -
Payments and banking software provider ACI Worldwide says it has added improved communications and security tools to its ACI Speedpay bill payment service that businesses can offer to customers.
December 11 -
It sounds like something that should be simple — letting a customer pay off their credit cards with a new personal loan — but it's not, according to Dave Girouard, Upstart's CEO.
December 11 -
Banks are increasingly sharing data and must brace for new regulations protecting that data.
December 11CCG Catalyst -
New data from CO-OP Financial Services shows the Christmas season could be a bright one for credit unions and their card portfolios.
December 11 -
Removing the checkout means removing a key bottleneck that retailers rely on to sell tabloids, gum and candy.
December 11 -
The Rakuten application has piqued interest in reviving legislation aimed at stopping commercial firms from owning banks. Yet Congress previously had the chance to enact such a measure and declined.
December 10 -
Several banks abandoned their BHCs two years ago to cut costs and reduce regulatory burden. But the strategy never really took hold as most bankers determined there were more benefits to having holding companies than eliminating them.
December 10 -
The startup Rho argues that small firms still have unmet needs, especially tracking cash flow in real time.
December 10