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Though the agency plans to give more credit unions authority to issue subordinated debt, limited investor appetite and other factors could hamper activity.
February 25 -
London-based Checkout.com views the acquisition of ProcessOut and its data analytics platform as a complement for its end-to-end payments service, as it seeks to build strength in the European market and eyes further expansion into Asia Pacific.
February 25 -
Aaron Klein, a fellow at the Brookings Institution, argues that the setup works well for those with money, but is very expensive for those on the lower end of the spectrum.
February 25 -
Executives outlined changes in energy lending policies, said that the largest U.S. bank has only scratched the surface in middle-market credits and discussed their preparations in case of an economic slowdown.
February 25 -
A spike in loan-loss provisions dragged down first-quarter profits at the Toronto company’s U.S. unit.
February 25 -
The regulator completed a thorough process, which included ensuring investors would treat borrowers well, before settling on a buyer.
February 25 -
Deputy Director Brian Johnson spent more than two years serving under two separate CFPB directors. He will become a partner at Alston & Bird LLP next month.
February 25 -
The Payment Card Industry data security standard applies to organizations of all sizes, but has often been seen as an intro to data security for small-business owners who know more about cooking burgers than securing data.
February 25 -
Small World Financial Services is addressing a gap in its cross-border network by making a deal to buy French money transfer agent MoneyGlobe.
February 25 -
In every segment except people older than 64, a majority would consider banking with Apple, Google, Amazon or Facebook, a new survey finds.
February 25