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Fiserv's fintech research venture, Block's Cash App enhancement and more in banking news this week.
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The company told consumers they were pre-approved for credit cards. For some such offers, a third of applicants were denied, according to the FTC.
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Amid flooding and a lack of drinking water, Regions Financial announced a slate of fee waivers and loan deferrals, alongside a donation to a local United Way. Cadence Bank is supplying fresh water to ensure it can keep its doors open.
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The bank is looking to educate — and potentially hire — a new generation of tech experts by working with New Jersey's Liberty Science Center and two local high schools in areas where students are at higher risk of not graduating.
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It remains to be seen what the capped price for Russian oil will be or whether the move will stabilize world energy prices.
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Executives at Canadian Imperial Bank of Commerce's London office kept a book full of "sexually suggestive comments" about women for a decade, in the latest employment tribunal case to shine a light on banking's sexist culture.
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The 117th Congress has been surprisingly kind to the banking industry as a whole so far. Can the trend last through the fall?
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A gathering in New York next week demonstrates the pay-to-play culture of high-end banking conferences.
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The startup hopes these perks will help set it apart from the other issuers that use bank-account data to vet applicants who don't have robust credit histories.
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Sandia Area Federal Credit Union in Albuquerque has named Kevin Todd as its next CEO. He will replace Paula Peknik, who will retire after a 38-year career with the $1.1 billion-asset credit union.
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