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In a move to tap into an underserved market opportunity — but with the potential for political backlash — Sallie Mae launched three different cash-back reward credit cards aimed at college students and young adults.
October 10 -
Despite a strong economy, volume in the agency's flagship loan program has declined for two straight years. Here's why.
October 10 -
The company has rolled out an online platform for firms considering marketplace loans as an asset class.
October 10 -
Institutions that offer fewer than 500 open-end lines of credit will get another two-year exemption from reporting requirements under the Home Mortgage Disclosure Act.
October 10 -
Intuit has partnered with Visa to enable QuickBooks users to get faster access to funds through Visa Direct, the network’s debit push payments service.
October 10 -
The Long Beach, Calif.-based institution can now serve workers from the healthcare industry in six counties.
October 10 -
The central bank finalized a host of regulatory-relief changes mostly benefiting midsize and regional banks that hew closely to proposals issued in April and last fall.
October 10 -
OUR Community Bank would focus on small-business loans with an emphasis on underserved Hispanic and Latino communities in South Florida.
October 10 -
The Conference of State Bank Supervisors has proposed creating model payments legislation that states could adopt to improve the state-by-state licensing process.
October 10 -
As part of an effort to reduce regulatory burden, the agency will retire policy statements from the 1980s and '90s dealing with securities subsidiaries, failed-bank receiverships and other matters.
October 10