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OP Bancorp in Los Angeles aims to raise $20 million to fund organic growth and acquisitions.
March 6
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The information you need to start your day, from PaymentsSource and around the Web. Today: PayPal files virtual currency payments patent; Manny Pacquiao gets his own cryptocurrency; Chip cards advance in Africa; U.S. Marshals auction seized bitcoin; Iceland investigates alternative currency mining theft.
March 6
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The online retailer wants to offer customers checking accounts but won’t become a bank; Quarles says the rule is too complex and “not working well.”
March 6
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Recent developments in the Federal Housing Administration's Home Equity Conversion Mortgage program are making it easier for lenders to originate reverse mortgages to borrowers who want to buy a new-construction home.
March 6
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U.S. card issuers are adding contactless technology to credit and debit cards — but they are doing so in slow, small steps.
March 6
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Long after e-commerce removed the biggest obstacles preventing U.S. merchants from selling internationally, there are still untapped pockets of opportunity.
March 6
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Breach investigations can be very lengthy and it is not uncommon to disclose additional findings over time, writes Mounir Hahad, head of threat research at Juniper Networks.
March 6
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Promontory Interfinancial Network, a provider of bank products and services, goes to great lengths (sometimes literally) to retain its employees over the long term.
March 5
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Spirit Community Bank would be based in Statesville, a community about 45 miles north of Charlotte. A separate set of organizers has already shared plans to open a bank east of Charlotte.
March 5
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State-level support will give the digital assets industry much needed footing, said Caitlin Long, a former managing director at Morgan Stanley.
March 5
