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Person-to-person payments have been delivering huge improvements around the globe in areas where cash is difficult to use. But in countries where cash suffers little hardshipincluding the U.S., the U.K. and Canadathe P2P business case is very different.
July 27 -
WASHINGTON Two years after a legal challenge to the Consumer Financial Protection Bureau's constitutionality was dismissed by a federal court, the case is unexpectedly back from the dead.
July 26 -
First Financial Bancorp in Cincinnati has agreed to buy Oak Street Holdings, a provider of commercial financing to the insurance industry.
July 24 -
Andrea Smith, Bank of America's head of human resources, will eventually take control of the bank's stress test submissions. That assignment, part of her elevation to chief administrative officer, has sparked concerns about whether a human resources executive can handle a job normally given to a chief risk officer or chief financial officer.
July 24 -
MainSource Financial Group in Greensburg, Ind., has named Erin Hoeflinger, president of Anthem Blue Cross Blue Shield in Ohio, to its board and to that of its MainSource Bank.
July 24 -
Sun Bancorp in Mount Laurel, N.J., has appointed wealth-management executive Grace Torres to its board and to the board of Sun National Bank. Torres will join the board's audit and risk committees.
July 24 -
LAS VEGAS The winning streaks continued in the second quarter for $572 million Clark County Credit Union and $667 million Silver State Schools CU, both of which reported profitable numbers this week.
July 24 -
Two years after a Texas community bank's legal challenge to the Consumer Financial Protection Bureau's constitutionality was dismissed by a federal court, the case is back from the dead.
July 24 -
Capital One Financial in McLean, Va., took a beating in the stock market Friday, the day after it reported dismal second-quarter results and announced a wave of la
July 24
