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After two regulatory agencies adopted final revisions to the rule, Dodd-Frank defenders expressed concern that the amendments to the proprietary trading ban undermined the post-crisis statute.
August 20 -
The agency is trying to update its rate-cap policy for institutions that fall below "well-capitalized." But it remains to be seen if the proposed changes fully address community bankers' concerns.
August 20 -
The most recent Credit Union Trends Report from CUNA Mutual Group is “indicative that both the credit cycle and the U.S. business cycle are moving into their last stage before the next economic slowdown,” according to one economist.
August 20 -
The Granite State’s highest court upheld a lower court’s ruling in a suit claiming the banking trade groups had defamed the patent firm.
August 20 -
As major U.S. cities continue to implement contactless tap-and-go acceptance to collect transit fares, at least one bank sees this trend as an opportunity to put its cards on center stage.
August 20 -
The loan-aggregation CUSO has partnered with CU Financial Group to offer its members access to a range of insurance carriers.
August 20 -
Credit unions have made a number of personnel changes, including one institution appointing a chief technology officer and chief lending officer.
August 20 -
Apple is expanding the list of merchants where Apple Card users may earn 3% cash back, starting with Uber.
August 20 -
In the age of e-commerce and the "Pays," redemptions will no longer be viewed primarily as an expense to be managed, but rather as a tool to create value through higher spending, brand engagement, and long-term loyalty, says Capco's Daniela Hawkins.
August 20Capco -
Proponents of a plan to get the Postal Service more involved in banking say it would restore profitability. Actually it would lose more money.
August 20Taxpayers Protection Alliance