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As more fintech companies seek bank charters in the U.S., acquiring a community bank is one potential option.
May 13 -
Mitek Systems took advantage of the rise of smartphones by enabling remote deposit capture and identity verification on mobile devices. But that created a gap with laptops and desktop machines that Mitek is trying to address with an extra integration.
May 13 -
Square, which has been aggressively adding merchant services to enhance its mobile payments product, has added an invoice scheduling feature to add flexibility to merchant payments.
May 13 -
After hackers penetrated a second bank and accessed the Swift messaging system to steal money, it is clear that more needs to be done to thwart such attacks.
May 13 -
The rub is that the global messaging system's security is only as strong as the weakest link.
May 13 -
The University of Hawaii Federal Credit Union reported $1.3 million on assets of $583 million for the first quarter.
May 13 -
A long-awaited final rule published this week that requires banks to keep better track of the owners of companies with accounts at their institutions is too little, too late in combating money laundering and terrorism financing, according to financial crime specialists.
May 13 -
Seattle, with great demographics and low unemployment, is an attractive market, but M&A is constrained by a dearth of locally owned banks.
May 13 -
The May issue of The Atlantic contains an insightful story that puts a face to one of the biggest economic issues facing this country: the erosion of household savings in America and the resulting traumatic impact on the middle class.
May 13 -
The speculation is that Maria Vullo, who is waiting to be confirmed as New York's new banking superintendent, is less interested in being on the 6 o'clock news than Ben Lawsky was. A study shows that companies sap women of ambition to advance within two years, an effect that doesn't happen with men in part because they tend to get more encouragement. But is it any wonder women feel that way when even now, it appears they might get fired for refusing to wear high heels at work? Also, Sallie Krawcheck, Sheila Bair and Elizabeth Warren.
May 13






