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Groups seeking to open a new institution will submit preliminary information for review by the National Credit Union Administration.
August 9 -
The rate on a 30-year fixed-rate mortgage dropped to 3.6%, a three-year low; Mary C. Erdoes, a top bank executive, allegedly pushed back against compliance department suggestions to jettison the controversial client.
August 9 -
Apple's massive user base, fully digital enrollment system, merchant reach and partnership with Goldman Sachs threaten retail banks on multiple fronts.
August 9 -
Readers react to the Fed's lengthy plan for a real-time payments system and Fifth Third's minimum wage increase, jab at Sen. Warren's absence on the Senate Banking Committee and more.
August 8 -
Apple's new credit card isn't just another virtual card in its virtual wallet. It borrows a lot of features from the most successful brands in payments and technology.
August 8 -
New data from the state shows that payday loans fell to a 12-year low in 2018. But the trend does not necessarily mean that consumers are paying less to borrow.
August 8 -
The Massachusetts senator asked Richard Fairbank in a letter why the bank didn’t detect the breach for nearly four months and how it plans to prevent future cyber intrusions.
August 8 -
Fresh data from the Fed, FDIC and Bank of England shows that, directly or indirectly, banks are taking on more leveraged loans. But whether this puts their loan and securities portfolios at risk remains open for debate.
August 8 -
The maturation of e-commerce has ushered in an era of personalization at scale and growing customer demand for convenient, flexible shopping experiences, writes Will Walker, enterprise manager at Roadie.
August 8
Roadie -
CFO Ewen Stevenson, who has been in place only since January after joining from Royal Bank of Scotland, has established himself as the dominant force in the 154-year-old bank's executive suite, say current and former HSBC officials.
August 8 -
The biggest U.S. banks used to own Visa. Now if only they could keep up with it.
August 8 -
Simon most recently led JPMorgan's director advisory services team, which helps company boards find new members. She'll be retiring at the end of the summer.
August 8 -
Regulatory sandboxes can create a lot of opportunity for the winners but inadvertently put losers at a competitive disadvantage.
August 8
Mercatus Center at George Mason University -
U.S. financial stocks are down nearly 4% this week on rate pressure, but it’s even worse for European banks; the mutual fund giant will automatically sweep investor cash into a money fund yielding 1.9%.
August 8 -
Institutions haven't modernized benefits packages to include deferred compensation, and now the threat of a recession is affecting CEO salaries.
August 8 -
There are subtle differences in Walmart's virtual currency project compared to Facebook's Libra, but these may be enough to avoid the regulatory firing squad that Facebook has endured.
August 8 -
Lawmakers and others faulted the agency's foot-dragging on approving licenses and funding requests for small-business investment companies, whose owners include banks.
August 7 -
New York and 10 other states are looking into whether companies in the fast-growing sector are violating payday lending laws.
August 7 -
Vice Chairman Randal Quarles’ public dissent raises questions about how the board will proceed on other policy debates.
August 7 -
FinApps has filed a lawsuit that claims the data aggregator swiped its proprietary credit risk software while the two did business together.
August 7























