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The Massachusetts company hired banking veteran Mark Thompson, who recently scrapped an effort to buy a struggling bank in Boston, as its bank president.
September 20 -
Some proponents of repealing crisis-era regulatory reforms argue that higher capital levels offer better protection. More capital is good, but it alone won’t solve every problem.
September 20
Commodity Futures Trading Commission -
China’s crackdown on cryptocurrency exchanges raises questions about the future of digital asset innovation, a movement that some bankers view as a threat and others embrace as a boon to payments, P-to-P lending and other activities.
September 20 -
The third-party wallets don't market interoperability or share much data, frustrating the process of adding new riders.
September 20 -
The new business will advise Live Oak clients on how to structure and finance acquisitions.
September 20 -
While the payments industry may believe a "breach fatigue" has set in, it may have been the expectation of a cowed and apathetic public that partly led to Equifax’s maligned response after its data breach was finally made public.
September 20 -
LendingPoint, which caters to borrowers with damaged credit records, believes that traditional credit scores are overly pessimistic about the likelihood that certain borrowers will repay.
September 20 -
The Oregon bank has expanded the role of its chief credit officer to include oversight of risk management.
September 20 -
A recent failed-bank resolution in Europe may serve as a harbinger of how new authorities could cause problems in the U.S. and highlights the potential need for a modified bankruptcy process.
September 20
House Subcommittee on Regulatory Reform, Commercial and Antitrust Law -
San Diego County Credit Union doubles down on sponsorships, inks stadium naming rights deal.
September 20










