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Apple Pay's slow expansion around the world seems to have gotten a jolt with the announcement of multiple Canadian issuers signing on, but it still faces many of the same roadblocks that have plagued adoption elsewhere.
May 10 -
If alternative small-business lenders don't get engaged in the regulatory dialogue, they risk letting a few bad apples determine their fate.
May 10
Financial Services Innovation Coalition -
After two failed attempts to find a buyer, New England Bancorp in Massachusetts agreed to close all four of its offices before selling to Independent Bank. Independent ultimately decided to keep one branch open.
May 10
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Wells Fargo is starting a program to offer small businesses online loans in as soon as one day, targeting territory occupied by On Deck and LendingClub.
May 10 -
Xceed names new CFO, Sikorsky CU promotes new CIO and other credit union officers in the news.
May 10
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Daniel Schrider, chief executive of Sandy Spring Bancorp in Olney, Md., discusses a controversial change to loan-loss accounting rules known as the Current Expected Credit Loss standard, or CECL and why it will be a burden for community banks.
May 10
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The steady stream of bad news continues for online marketplace lenders.
May 10 -
Sunshine Bancorp in Plant City, Fla., has agreed to buy FBC Bancorp in Orlando, Fla.
May 10 -
The Treasury Department on Tuesday capped off a nearly yearlong inquiry into the burgeoning marketplace lending industry with a policy paper that recommends increased transparency and customer protections while also highlighting the sector's potential for expanding credit access.
May 10 -
The Treasury Department on Tuesday capped off a nearly yearlong inquiry into the burgeoning marketplace lending industry with a policy paper that recommends increased transparency and customer protections while also highlighting the sector's potential for expanding credit access.
May 10
