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Traditional banks may need to think twice about putting off higher rates on CDs and other deposit products. That’s because freer-spending online banks are adding deposits faster than they are, and more Fed rate hikes are expected to fuel that trend.
February 2
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The U.S. government and banks face similar challenges in implementing a biometrics identity system. Both should study what other countries are already doing.
February 2
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Samsung is trying a number of plays to extend the reach of Samsung Pay, and plans to launch a Samsung Pay Mini app for online payments on all Android phones.
February 2
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An explicit government guarantee of Fannie Mae and Freddie Mac is imperative to reform the secondary market, but it needs to be carefully circumscribed.
February 2
NorthMarq Capital -
A top House Republican is calling on the Federal Reserve to cease its participation in international standards-setting forums until after President Trump has installed his own leadership in the central bank.
February 2
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A federal appeals court ruling has opened the door for litigants to challenge a 2012 decision by the U.S. government to sweep all of Fannie Mae and Freddie Mac's profits into the coffers of the Treasury Department.
February 2
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First Interstate missed out on two chances to snag Cascade before agreeing to buy the company in November, showing the importance of staying in touch with a target.
February 2
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Citing the need to expand Transatlantic commerce, U.K. and U.S. officials have agreed to create a payments forum featuring leaders from the tech hubs of London and Atlanta.
February 2
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Dorothy Savarese and Rebeca Romero Rainey now chair two important trade groups … Mary Lynn Lenz, Patti Husic and Terry Jorde weigh in; Barclays CEO Jes Staley talks hiring diverse leaders and how to keep them; and more.
February 2
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CoastHills chairman earns military honor and other awards, promotions and new hires at credit unions across the country.
February 2
