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Among other changes, the law allows state regulators to accept NCUA examination results in lieu of exams from local regulators.
July 9 -
Paycheck Protection Program loans were out of reach for the myriad of cash-based enterprises or underfunded businesses that are key to economic growth in the country. This could change the very fabric of New York City, with businesses that were part of people's everyday life disappearing.
July 9 -
Fueling its market expansion, U.K. earned wage access startup Wagestream has raised £20 million (about $25 million) in a Series B fundraiser from several VC firms.
July 8 -
President and CEO Patty Idol will retire later this year and will be succeeded by EVP Amy Woody. Both have been with the credit union sine 1985.
July 8 -
Members of NW Iowa Credit Union soundly rejected merging into Siouxland Federal Credit Union. The pandemic could lead to more unexpected results.
July 7 -
Mobile payments provider Judopay is partnering with marketing specialist Thyngs to provide touch-free payments for pubs and restaurants that just reopened in the U.K.
July 7 -
The coronavirus pandemic has led to a massive surge in Canadians using digital identity authentication platforms to get immediate access to government emergency aid.
July 7 -
Danny Varnon will serve as the next CEO of the Alabama-based institution after Monte Hill retires in January.
July 7 -
Len Devaisher once served as a regional executive for Old National Bancorp.
July 7 -
The $338 million-asset institution already serves more than 3,000 members in the county who were able to join through affiliations with Harford County.
July 6 -
With thousands of job cuts likely to follow what's forecast to be the worst recession in three centuries, the tenants of the glass and steel towers that dominate the City of London and Canary Wharf may face an even bigger retreat.
July 6 -
The New York-area companies' $489 million agreement runs counter to recent merger pacts built around branch cuts and more tech spending.
July 5 -
The company said its plan to shutter 12 locations reflects "increased client usage of online and mobile banking and a commitment to improve digital banking technology."
July 2 -
Heritage Trust Federal Credit Union will buy the bank's deposits and assume its liabilities.
July 2 -
American Express Global Business Travel has developed a new service enabling small businesses to manage travel, office purchases and cash flow on a single platform.
July 2 -
More than a dozen large European banks plan to launch a payment system that would rival U.S. payment companies and technology firms, an idea that hasn’t worked in the past but may have a better chance given the current global health, economic and political crises.
July 2 -
The credit union has agreed to buy Elberfeld State Bank, broadening its reach in the Evansville, Ind., market.
July 2 -
The Arkansas bank is selling its two branches in the state to Merchants & Marine Bancorp and FEB Bancshares.
July 2 -
The U.K.’s six major banking groups are now required to have implemented the new Confirmation of Payee (CoP) scheme for Faster Payments and Chaps as part of a regulatory push to tackle the rampant rise in Authorized Push Payment (APP) fraud.
July 2 -
The deal will create an $11 billion-asset banking company with operations in a number of markets around New York City.
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