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What's more, loan officers' pay has dropped. At work behind these surprising trends is a blend of economic forces, technological change and pressure on banks to pay entry-level employees better.
July 13 -
Federal Reserve Chair Janet Yellen said the central bank is prepared to issue further enforcement actions against Wells Fargo for its account scandal if “appropriate.”
July 13 -
Shopify merchants selling in the U.S. will be able to list and sell products on eBay through a single dashboard via a direct integration between the two e-commerce giants that goes live this fall.
July 13 -
WSFS is implementing a new internal audit program and shoring up the succession planning in its risk department.
July 13 -
Tech-savvy mortgage broker Sindeo is back in business, following an acquisition by Renren, a Chinese social media company and an investor in U.S.-based fintech firms including Social Finance and LendingHome.
July 13 -
If U.S. consumers are taking a cautious approach in adopting new payments and security technology, they at least are becoming keenly aware of the options available now and in the near future.
July 13 -
Payments technology provider Cardtek and partner Axis Bank have launched a national open-loop payment system featuring a contactless card for public transportation and other purchases in India.
July 13 -
Removing restrictions on companies such as Comcast, AT&T and Verizon could have clear repercussions for the payments industry.
July 13 -
Stopping house fires, reducing poverty, protecting consumers and other ways credit unions are giving back.
July 13 -
The North Carolina company could issue $200 million in new securities over time to fund acquisitions and other investments.
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