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By taking precautions to protect your mPOS devices, your business can safely sell at more locations for a comparatively low cost while keeping your customer and company data safe, writes Rafael Lourenco, an executive vice president at ClearSale.

The 2020 Democratic presidential candidates are far more emboldened to offer radical reforms to the financial system than their predecessors — reforms that could ultimately take hold if one of them wins.

A report identified gaps in documentation and other weaknesses that the watchdog said heighten the risk of agency officials being too cozy with the institutions they supervise.

The House Financial Services Committee will hold eight hearings next month, looking at Wells Fargo's recent consumer protection scandals, a reauthorization of the flood insurance program and more.

The bank said in its annual report that anticipated store closings could reduce both new account acquisitions and purchase volume.

Ahead of testimony by the CEOs of the major bureaus, House Financial Services Committee leaders proposed sweeping changes for the credit reporting industry and credit-score protections for furloughed government workers.

The Badger State's institutions also saw earnings and allowance for loan losses increase.

The New York congresswoman, who sits on the House Financial Services Committee, said the panel wants to make banks "accountable for investing in and making money off of the detention of immigrants."

Alan White, who will step down in April, and Jeremy Ford have served as the company's co-CEOs since September 2016.

BofA is rolling out new names for its investment banking, wealth management and private banking divisions.