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At least eight small mutuals have agreed in recent years to merge with another institution rather than convert to stock ownership. More deals could be on the way.
July 7 -
ATM operator Cardtronics has expanded the roles of two executives as it transitions its commercial, operational and technology leadership to a more global level.
July 7 -
Freddie Mac is on track to issue mortgage-backed securities via a common securities platform by the end of this year, according to the Federal Housing Finance Agency.
July 7 -
Calling the crazy-idea department a U.S. Bancorp-branded bus is more than halfway through a cross-country, social-media-tracked journey to promote community development and alter its profile. It's an example of the new style of reputation-oriented marketing being pursued by banks.
July 7 -
More than 50% of millennials surveyed by Credit Karma said they're already saving for retirement and have an emergency fund, with 75% of savers citing the 2008 financial crisis as influential in shaping their financial management choices.
July 7 -
A centralized platform that validates loan and borrower data and tracks ownership of marketplace loans could prevent fraudulent activities and help investors regain confidence.
July 7 -
Jamie Dimon, chief executive officer of JPMorgan Chase & Co., has thrown his weight behind speculation that Brexit might just not happen.
July 7 -
Square Inc. spent six weeks in Portland, Ore. a city with a strong existing base of micro-merchants to transform it into one of the company's top U.S. markets in total Apple Pay transactions conducted with its card readers.
July 7 - PSO content
HSBC Holdings Plc is aiming to roll out its own credit cards in China by the end of the year, as the U.K.-based lender tries to tap into rising online and mobile spending in the worlds second-largest economy.
July 7 -
Walmart Pay is the culmination of years of efforts that Walmart has put into building its brand as a trusted provider of payments. In addition to its new mobile wallet, Walmart has been involved in numerous innovative projects to help its customers move money.
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