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Just six months out from the general election, presumptive Republican presidential nominee Donald Trumps positions on banking issues remain a complete mystery aside from a general pledge to roll back the Dodd-Frank Act.
May 4 -
After planting its roots firmly in data encryption and enterprise content management for Payment Card Industry security compliance, Hyland has turned its attention toward fraud detection.
May 4 -
RBC is giving up the revenue it gets from its $1-per-transfer service by offering free Interac transfers from all personal checking accounts, in effect betting that the relationship it builds with customers will be more valuable than its fee income.
May 4 -
Although complete migration to EMV is expected to take up to seven years, CNP (card-not-present) merchants will struggle with increased fraud as criminals shift online to more vulnerable remote payments.
May 4
Verifi -
Five years ago, Dwolla took its ambitious approach to speeding up payments to financial institutions, viewing banks as a core audience in need of modernizing its aging infrastructure. But more recently, the company had to make a sharp course correction in its strategy.
May 4 -
The $69 billion-asset company in Dallas said in a press release Tuesday that Karen Parkhill resigned on Friday to "pursue other opportunities." Parkhill, who had also been the company's vice chairman, had been with Comerica since 2011.
May 3 -
Credit Acceptance Corp. received a subpoena from the Maryland attorney general regarding its repossession and sales policies, the subprime lender disclosed Monday.
May 3 -
The $1.2 billion-asset Revere said in a press release Tuesday that it will pay $65.1 million in stock for the $514 million-asset Monument.
May 3 -
The $8.6 billion-asset WesBanco said in a press release Tuesday that it will pay $221 million, or $39.05 a share, in cash and stock for the $1.6 billion-asset Your Community Bankshares.
May 3 -
At least one banker has gone public with expectations that the OCC will force his institution to hold more capital. More could soon follow.
May 3





