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Lawmakers from both parties oppose a Small Business Administration proposal to raise guarantee fees. The clash could lead to a halt in operations this fall.
May 7
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The long-awaited proposal includes safe harbors to protect collectors from getting sued, but would restrict phone collection attempts and allow borrowers to opt out of receiving other communications.
May 7
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The Pittsburgh bank says it is selling the assets to Federated Investors to focus its PNC Capital Advisors unit on providing outsourced services.
May 7
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A proposal to give the Consumer Financial Protection Bureau jurisdiction over credit unions with $10 billion or more of assets has sparked a war of words between the longtime foes.
May 7
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The credit union industry has announced a number of moves, including a state league naming a new board and welcoming members to its hall of fame.
May 7
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Using AI to verify receipts alleviates the need for auditors to aimlessly review every single receipt submitted within an expense report, says Travis Andrade, a senior product manager at AppZen.
May 7
AppZen -
The collaboration will include establishing an i3 presence at CU Direct's Irvine, Calif., campus.
May 7
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More businesses are converting to electronic documents and management tools to streamline operations and cut costs, but those upgrades often skip the last part of that journey — how to accept B2B payments in a digital economy.
May 7
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A GSE exemption in the bureau’s “qualified mortgage” rule is set to sunset in 2021, and regulators should not try to extend it as some experts have suggested.
May 7
American Enterprise Institute -
After quiet experiments, Citigroup is expanding perks designed for credit cards to encourage sales of other banking products.
May 7
