Ruling cuts short debt collectors' victory lap over CFPB proposal
Consumer Financial Protection Bureau building
The industry had welcomed the Consumer Financial Protection Bureau plan allowing debt collectors to use electronic communication, but some worry about the effect of a court decision concerning email correspondence.

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Fannie and Freddie get to keep their earnings. Now what?
Freddie Mac
Allowing the mortgage giants to retain profits resolves a short-term capital shortfall, but how much capital they would need after exiting conservatorship is still the bigger question.

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Bank of America's AI approach: 'Productive paranoia'
Sumeet Chabria, global business services executive, Bank of America
A thorough process for approving experiments with artificial intelligence, clear philosophical principles and diverse human involvement are some of the ways BofA says it's working to ensure AI does no harm.

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Regulators need new approach to innovation
Jelena McWilliams
FDIC Chairman Jelena McWilliams reaches out to tech pros to bring fresh ideas to the agency.

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LendingClub founder's new firm launches card-loan hybrid product
Renaud Laplanche Upgrade
Renaud Laplanche, one of the first fintech disruptors, is launching an unusual type of credit product at Upgrade, his new company, that is a cross between a credit card and an unsecured loan.

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Google exec named CEO of online lender OakNorth
OakNorth CEO Sunil Chandra
Sunil Chandra's job will be to guide the fintech's international expansion. It says 12 banks are using its small-business lending platform, including three in the United States.

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Liquidity concerns force banks to get creative with deposit gathering
AB-100419-DEPOSITS.jpeg
Many community banks are launching digital banks, more aggressively courting younger customers and abandoning the idea that only primary banking relationships are worthwhile.

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How BBVA picks its fintech partners
BBVA signage
Susan French, head of product at BBVA Open Platform, discussed the bank's vetting of fintech partners and how it deals with the competitive threat that their products present.

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Supreme Court ruling could mean more ADA lawsuits tied to bank websites
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The court passed up a recent opportunity to clarify confusion about Americans with Disabilities Act requirements for business websites, raising concerns among bankers that they could become an even more inviting litigation target.

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What's fueling Citizens' westward expansion
Overview of Citizens Financial Group's Western U.S. unit
The Providence, R.I., bank recently installed a new regional head in California to oversee a commercial banking expansion into five western states. The bank says it's trying to craft a successful growth strategy while reassuring investors it isn't overreaching.

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