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KeyCorp's proposed acquisition of First Niagara Financial has won support from Senator Chuck Schumer of New York, who had opposed the deal because of planned job losses in his state, after KeyCorp agreed to cut no more than 250 positions after the merger.
July 11 -
The Consumer Financial Protection Bureau recently dressed down the mortgage industry for failing to invest in technology. Here are 10 tech ideas from our colleagues at fellow SourceMedia publication National Mortgage News that could improve efficiency, margins and the industry's image among growing demographics. Some might sound farfetched, but so do most great inventions at first. Dream big.
July 11
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While diversity at the federal agencies overall is roughly consistent with the rest of the country, diversity declines sharply among those in senior leadership roles.
July 11
The Greenlining Institute -
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Expect banks to pull back on energy lending in the near term, as regulators step up their scrutiny of oil loans and bankers approach the business with a "different attitude," says Mariner Kemper, chairman and chief executive at UMB Financial in Kansas City, Mo.
July 11
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Despite the many big companies opening their programming tools to external developers and merchants, the market for user-friendly technology is just getting started.
July 11 -
What's most intriguing to payments industry insiders is what Walmart left on the table when designing Walmart Pay, and what those decisions could mean for retailers and bank card issuers.
July 11
