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As financial institutions look closer at the increasingly detailed consumer credit data available, they are learning consumers are more apt to pay off personal loans before mortgages, auto loans and credit cards.
May 17 -
Helping students, expanding opportunities for immigrant communities and other ways credit unions are giving back to the communities they serve.
May 17 -
The Commodity Futures Trading Commission has launched an office dedicated to exploring fintech issues, the agency’s head announced Wednesday.
May 17 -
Google's new "Actions on Google" platform eliminates what is possibly the biggest source of friction in mobile commerce: Getting consumers to download an app and set up an account for purchasing.
May 17 -
Some believe that increased bank regulation is to blame for overall slower growth in commercial and industrial loans. Yet that assessment misses some important details.
May 17
Milken Institute -
A total of $2 million in grant funding will be available through the regulator's Office of Small Credit Union Initiatives.
May 17 -
The Federal Deposit Insurance Corp. is set to release its quarterly barometer of the banking industry on May 24.
May 17 -
Universal Resort's launch of the TapuTapu band at its new Volcano Bay water park illustrates how much more a wearable can do when it is incorporated into the design of the park from the get-go.
May 17 -
Banks and nonbanks are typically foes, but banks made 34 nonbank M&A deals through mid-May, emerging as buyers in two-thirds of them. Many buyers are eager to pad fee income by adding investment, specialty finance or insurance firms; sellers are typically looking to cut costs. Here is a roundup of such deals this year.
May 17 -
Sen. Jon Tester, D-Mont., and Sen. Jerry Moran, R-Kan., introduced legislation Wednesday that would raise the stress testing threshold for small and community banks to $50 billion of assets.
May 17









