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Bankers in the Hawkeye State are targeting legislation that would permit credit unions to gamify savings. This is at least the third major issue in recent years where the two sides have had a high-profile clash.
February 12 -
A New Jersey jury has put banks and other businesses on notice about their liability for incidents involving clients who mistreat employees in the workplace.
February 12 -
The Rhode Island-based credit union also returned a patronage dividend to members for the 31st consecutive year.
February 11 -
The German challenger bank said that its "several hundred thousand" customers in the U.K. have until April 15 to withdraw money or transfer it to another account.
February 11 -
Mastercard Inc. won approval to set up a bank card clearing business in China, gaining access to a $27 trillion payments market as part of the nation’s financial opening, though more regulatory steps will be required.
February 11 -
Gavin Newsom's proposal to create a consumer watchdog modeled after the CFPB includes a provision that would make it easier for upstart financial firms to obtain industrial loan charters.
February 7 -
Some of the year-over-year drop in net income can be attributed to higher-than-normal figures in 2018 and costs associated with opening three new branches in 2019.
February 7 -
Wirecard has teamed with wirecube, an Austrian software maker of digital retail checkout technology, to pilot cashierless checkout targeting travelers in Munich’s airport.
February 6 -
Organizers of Triad Business Bank have raised enough capital and have received approval from the FDIC.
February 5 -
The Mississippi company will pay $49 million for Traders & Farmers Bancshares.
February 5 -
The Maine-based credit union also grew membership last year to the point where it now serves nearly 40,000 consumers.
February 5 -
The timing couldn’t be worse for ag and energy lenders as well as global banks, which were all counting on the Chinese market to help bolster commercial lending and fee income.
February 4 -
Fewer than 30 CUs in the state would be eligible to make use of the rule, intended to help rural institutions and others attract a more qualified pool of directors and committee members.
February 4 -
Stock markets have endured dramatic swings since the coronavirus erupted in China and talks of pandemics surfaced. But the notoriously volatile bitcoin market has been steadily climbing as investors see value in crypto's ability to thrive as traditional financial rails are under pressure.
February 4 -
Brian McKay will lead the Greensville, S.C.-based credit union beginning in April
February 4 -
Since the Payment Card Industry Data Security Standard was introduced in 2004, many merchants found compliance to be too arduous or costly and just skipped it, risking fines. But increasingly, other regulations like GDPR are changing the PCI DSS compliance equation.
February 4 -
The company agreed to acquire Alliance Benefit Group of Illinois, which has more than 600 clients and 40,000 plan participants.
February 4 -
The Michigan company will pay $101 million for the parent of First National Bank in Howell, Mich.
February 4 -
Waltham Municipal Employees CU served fewer than 700 members with a total of $8.5 million in assets.
February 3 -
Unlike other regions of the country, the western U.S. has seen very few large bank mergers in recent years. Here's why Pacific Premier's acquisition of Opus Bank could change that.
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