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A Naveo CU executive recognized as a hero and other credit union professionals in the news.
October 27
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JPMorgan Chase entered the digital wallet wars in announcing Chase Pay, a product that will launch next year. Although mobile payments have been more bark than bite so far, the company says that its product plans to use loyalty programs to lure reluctant consumers.
October 27 -
Flagstar Bancorp in Troy, Mich., reported a third-quarter profit, as it originated more residential mortgages and recorded higher fee income.
October 27 -
In teaming with financial institution technology provider FIS, The Clearing House has gained one more piece in assembling its real-time payments system.
October 27 -
A move by the National Labor Relations Board could force more legal liability on franchisors for actions taken by their franchisees. Some observers believe banks could become more reluctant lending to smaller franchisors until the issue has more clarity.
October 27 -
FirstMerit in Akron, Ohio, posted lower third-quarter profit, citing narrower profit margins and a larger loan-loss provision.
October 27 -
Rep. Paul Ryans expected election as House Speaker this week may ultimately prove a boon for the banking industry especially for critics of the Dodd-Frank Act and the current mortgage finance system.
October 27 -
The alliance between JPMorgan Chase and the Merchant Customer Exchange represents more than an olive branch between two industries that have typically been at war over fee revenue it's a result of a years-long transformation in how Chase approaches its relationships with the retail sector.
October 27 -
Recipients of the 2015 FinTech Forward awards discuss the new competitive challenge facing banks.
October 27
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Old National Bancorp in Evansville, Ind., reported improved third-quarter profit on growth in fees and consumer and commercial real estate lending.
October 27
