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The effort is the first offshoot of Project REACh, which is designed to bring together business leaders, government officials and advocates to help improve financial services options for disadvantaged communities.
October 30
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Earlier this year, the Southern California credit union was criticized for its directors not representing the demographics of the communities it serves.
October 30
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The agency’s final rule modernizing the Fair Debt Collection Practice Act limits calls to seven per week, but collectors won stronger protections from liability claims and other key changes to the original proposal.
October 30
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Banks and Paycheck Protection Program recipients are caught in a bind between two SBA rescue programs; SoFi gets preliminary OK on bank charter, launches credit card; HSBC vows to ‘accelerate’ U.S. cost-cutting plan; and more from this week’s most-read stories.
October 30
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Mastercard has rolled out a set of AI-powered tools to thwart fraud and data breaches across banks' ecosystems, particularly to benefit acquirers’ online merchants.
October 30
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The digital bank is on a larger mission to attract younger customers. It's inserting itself into the popular video game in the hope that game players will learn about its products and have fun at the same time.
October 30
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MoneyGram's digital offerings are attracting different types of consumers into the company fold, CEO Alex Holmes said during the third-quarter earnings call.
October 30
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The CrossState Credit Union Association continues to work with lawmakers in neighboring New Jersey to get similar legislation passed there.
October 30
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Bankers can either fight the president’s recent order banning diversity training in federal contracts or face reputational risk by complying with it.
October 30
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Underwhelming participation in the middle-market loan program has forced the central bank to reduce the minimum borrowing amount for the third time, to $100,000.
October 30
