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The launch of Apple Pay a decade ago set the tone for how the tech giant would interact with banks and credit unions in the years to come. The Justice Department is now pushing back.
March 22 -
Financial services companies must incorporate digital, technical and cognitive empathy into the way they think about delivering their products in a digitized future.
March 22 -
The change, which goes into effect April 1, delays when certain banks would have to change their assessment areas until 2026.
March 22 -
The blockbuster merger is now in the hands of banking agencies and the Department of Justice, which will have to evaluate its impact on competition.
March 22 -
Top supervisory staffers from the Federal Reserve, Federal Deposit Insurance Corp. and Office of the Comptroller of the Currency defended their involvement with the Basel Committee during a contentious hearing in the House Financial Services Committee Thursday.
March 21 -
Criminals who buy and sell consumer data on the dark web are perpetrating increasingly complex credit and debit card fraud schemes, according to the card network's latest threats report.
March 21 -
A recent survey showed a majority of banks use generative AI, mainly for tasks like writing emails and detecting fraud, but few say they have built customer-facing products with it.
March 21 -
The market expects a wide variety of banks to issue CLNs to bolster their regulatory capital compliance, and support ongoing lending.
March 21 -
The FDIC proposed a new policy to intensify scrutiny on U.S. bank mergers Thursday that emphasizes the resulting institutions' financial stability and ability to serve its community's needs.
March 21 -
Instability in mortgage rate movements should continue in the weeks ahead, even with Fed Chairman Jerome Powell's comments on inflation.
March 21