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With the first half of 2017 drawing to a close, bank executives gathered this week at the Morgan Stanley Financial Services conference to discuss their companies’ performance thus far and, more important, outline their priorities for the rest of the year and beyond. Here are some of the highlights.
June 15 -
Seven banks have agreed to be sold to credit unions in the last 18 months. Expect more deals as both industries face internal and external pressure.
June 15 -
Circle free offering leaves a lot of money on the table, but it also stems from a fundamentally different approach to cross-border payments.
June 15 -
The eight winners of an annual fintech competition will receive $250,000 in capital and resources.
June 15 -
Fundraiser-dinner humor aside, Corbat's comments about social media highlight the fact that several big-bank CEOs don't seem to have individual Twitter accounts.
June 15 -
Amazon’s new Prime rewards program is the latest way the tech titan is cultivating a loyal use base. To retain and engage customers, banks should follow Amazon’s lead and layer in more value-added services.
June 15
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The American Civil Liberties Union is accusing JPMorgan Chase of violating the Civil Rights Act by discriminating against fathers when they ask for parental leave.
June 15 -
The Society for Worldwide Interbank Financial Telecommunication plans to add instant payments messaging for the European market by late 2018, marking another step in its ongoing faster payments projects.
June 15 -
Adding Community 1st Bank would help it expand in northern California.
June 15 -
The legislation passed by the House to roll back Obama-era regulations is being touted as vital for small banks, but the bill’s main beneficiaries are elite megabanks.
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