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MUFG Union Bank is launching PurePoint Financial, a largely online savings bank that will still offer opportunities for face-to-face interaction.
February 23
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The Dallas-based lender is planning to boost originations to borrowers with solid credit scores amid fears that the subprime auto market is overheating.
February 23
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At its February meeting, the NCUA Board approved a routine measure to reauthorize an 18% interest rate cap on loans, but suggested that it’s time for Congress to make some changes.
February 23
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Donald Trump is considering nominating U.S. Bancorp Chief Executive Officer Richard Davis for the Federal Reserve Board, said people familiar with the matter, as the president prepares to start reshaping the central bank’s approach to monetary policy and Wall Street oversight.
February 23
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Screen scraping has plenty of critics, but the alternatives, OAuth and APIs, have their share of detractors, too.
February 23
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The collaboration is part of an effort to reach a broader range of agents and global markets with digital cross-border transfers.
February 23
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Banking loses a pioneering female CEO in Melanie Dressel; B of A’s Michelle Moore says mobile is used by most of its customers; Uber is the Tailhook of the new era, and more.
February 23
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The trade group's "candidate school" will teach members about campaign fundraising and other political basics, in an effort to boost the number of elected officials who understand banking.
February 23
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No matter the regulatory environment, small and medium-sized CUs must at least consider the benefits of merging with larger institutions and be ready to do so should the opportunity arise.
February 23
Nusenda CU -
The card brand and bank will offer lending and prepaid cards to a traditionally underserved demographic.
February 23
