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Now's the time for merchants to bolster risk management ahead of the coming onslaught of card not present fraud.
February 5
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A consortium of Swiss banks hope the country's reputation for banking, technology and smartphones will give its financial institutions a commanding position for in-store and in-app payments.
February 5 -
Several bankers left a high-profile meeting with the Financial Accounting Standards Board feeling more comfortable with a plan to change reserve accounting. The meeting was thrown into an abrupt recess after a FASB director and a bank lobbyist clashed over recent statements by FASB's chairman linking community banks to the financial crisis.
February 4 -
RIVERSIDE, Calif. Altura Credit Union on Thursday reported net income of $5.95 million on total assets of nearly $1.2 billion as of Dec. 31.
February 4 -
WASHINGTON The top Democrat on the Senate Banking Committee called on the Federal Reserve Thursday to complete its proposal to limit banks' involvement in commodities markets.
February 4 -
Frank Keating, former chief executive of the American Bankers Association, has joined the law firm Holland & Knight as a partner.
February 4 -
The House passed a bill Thursday 250-169 that would limit regulators' ability to force banks to cut ties with certain businesses despite Democratic fears that it could hamstring the Justice Department's ability to prosecute bankers responsible for the financial crisis.
February 4 -
Democratic front-runner Hillary Clinton is increasingly on the defensive when asked why so many banks and hedge funds on Wall Street have given her money, insisting it doesn't influence her tough reformist views. But it raises the question what institutions hope to gain with all their money.
February 4 - California
The company plans to eliminate an unknown number of positions, including high-paying job titles such as managing director.
February 4 -
The House passed a bill Thursday 250-169 that would limit regulators' ability to force banks to cut ties with certain businesses despite Democratic fears that it could hamstring the Justice Department's ability to prosecute bankers responsible for the financial crisis.
February 4
