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The U.S. government stepped up collections on delinquent student debt to $2.9 billion last year — or an average of $1,000 from 2.9 million former students and their cosigners, according to the Treasury Department.
May 13
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Earlier this year Joe Christian was named to lead the Albuquerque, N.M.-based institution on an interim basis after its previous CEO resigned.
May 13
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Some banks have backed away from the technology, but Northern Trust, State Street and JPMorgan Chase are among those actively working on blockchain projects.
May 13
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On Dec. 31, 2018. Dollars in thousands.
May 13 -
New legislation in Iowa that allows banks and credit unions to use electronic notaries could help local lenders compete with online competitors.
May 13
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On Dec. 31, 2018. Dollars in thousands.
May 13 -
Rodney Hood, chairman of the National Credit Union Administration board, will testify later this week before a Senate committee with CECL as a likely topic.
May 13
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The legislation from Sen. Bernie Sanders and Rep. Alexandria Ocasio-Cortez is part of an effort to shift the range of what is thinkable in Washington to the left. It may also serve to highlight the vulnerabilities of Democrats with bank-friendly records.
May 13
American Banker -
On Dec. 31, 2018. Dollars in thousands.
May 13 -
Apple's App Store was a game changer for mobile payments. But Apple's ecosystem was also very much a digital Wild West, with app developers and Apple itself sometimes running afoul of regulators and legal authorities.
May 13
