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The Trump administration's Financial Stability Oversight Council is likely to remove the systemically important financial institution label for the remaining nonbanks on the list, but it might consider adding other firms such as Fannie Mae and Freddie Mac.
December 28 -
The digitally savvy lender MyBucks, which has lent money through a smartphone app and chatbots on WhatsApp and Facebook Messenger, could be a good role model for U.S. banks thinking of using AI in credit decisions.
December 28 -
The credit union regulator's latest Quarterly U.S. Map Review finds that while loans are still growing, asset and share growth is beginning to slow.
December 28 -
After visiting with dozens of banks, tech firms and retailers, the CEO of the Delaware bank concluded that he needed to create a customer experience department but could leave blockchain development to his larger rivals. He also gained valuable insights about succession planning during his time away and discovered new ways to connect with employees.
December 28 -
My Choice FCU had assets of just $1.5 million, compared to the $3.7 billion assets held by Tinker FCU.
December 28 -
The South Korea Financial Services Commission has acted on its concern that the growing popularity and speculation in bitcoin and other cryptocurrencies would become dangerous.
December 28 -
The $141 million CU expects to automate manual processes through the conversion
December 28 -
State and federal regulators finally approved the Mississippi bank’s acquisitions of Ouachita Bancshares and Central Community after anti-laundering and CRA matters were resolved. BancorpSouth’s CEO says he may pursue more deals.
December 28 -
Two credit unions make a commitment to human resources, Iowa Credit Union League recognizes a trio of award winners and more CU professionals and volunteers in the news.
December 28 -
Anyone who lives, works or worships within a five-county region can now join the Fort Worth, Texas-based credit union.
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