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Lenders insist they will be able to ramp up commercial loans and mortgage refinancings without skimping on underwriting.
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Bank of America has joined the likes of Walmart and Mastercard in seeking patents for blockchain technology that could be used for a digital currency or mobile wallet.
August 19 -
Sen. Mitch McConnell had contacted the National Credit Union Administration about the troubles Kentucky hemp farmers had in accessing capital.
August 19 -
Capital One agreed to buy KippsDeSanto, a Northern Virginia company that specializes in advice to the defense and government contracting sectors.
August 19 -
JCB International has formed a partnership with EVO Payments to enable acceptance of JCB credit cards at across the U.K. and Ireland.
August 19 -
From feeding veterans to vocational programs, internships and more, these credit unions are finding a variety of ways to give back to the areas they serve.
August 19 -
Banks stand to enjoy new flexibility in complying with Dodd-Frank’s proprietary trading ban, but it remains to be seen if regulators will grant them all the relief they have sought.
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A range of startups are experimenting with more ethical retirement savings products than traditional reverse mortgages and annuities, says venture capitalist Ben Cukier. However, according to Cukier, they're too focused on millennials and ignoring a group with more urgent needs and greater wealth — baby boomers.
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Banks are under competitive and regulatory pressure to either compete or partner with fintechs that support services such as mobile payments, and credit unions are in the same boat — though with a very different challenge at the start.
August 19 -
Machine learning can build a layered defense, and analysts don't have to spend as much time combing through data to spot threats, says Exabeam's Anu Yamunan.
August 19Exabeam