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Libra and Facebook’s huge impact on the conversation around blockchain and cryptocurrency is giving fuel to other blockchain companies that portray their models as alternatives to Facebook’s controversial plans.
July 24 -
While loan growth continues to outpace competitors, Discover says it has been tightening its standards, given the late stage of the credit cycle.
July 23 -
Visa’s decision on how or if it will participate in Facebook’s cryptocurrency project will be based on how the social network handles the mountain of criticism and requirements that global regulators and lawmakers are heaping upon it.
July 23 -
KeyCorp, Regions Financial and others have sacrificed short-term profits to avoid being crushed by an anticipated decline in interest rates.
July 23 -
The eight "systemically important" banks currently file resolution plans annually, but a pending proposal would require them every two years.
July 23 -
Despite the Senate Banking Committee’s willingness to discuss the issue, Republican support for legislation is still in question.
July 23 -
Rachel Pross, chief risk officer at Maps Credit Union, told the Senate Banking Committee the inability for more banks and CUs to safely serve the legal pot industry is having an effect on ancillary businesses.
July 23 -
The bank is siding with a growing list of groups, including the U.S. trustee, attorneys general from several states and consumers, who object to Ditech's plan to sell its reverse mortgage business.
July 23 -
Calling it the largest B2B trading platform in the world, Alibaba Group has opened Alibaba.com to small and medium-size U.S. businesses to reach an addressable market of $23.9 trillion.
July 23 -
Starbucks is looking to reclaim its role as the global leader in streamlined, intuitive order-and-pay systems through machine learning technology it’s developing in-house and through a deal with restaurant-tech startup Brightloom, its new equity investment partner.
July 23 -
Earnings at the Cincinnati company fell 25% from the same period last year, largely due to $109 million in expenses tied to its March acquisition of MB Financial.
July 23 -
Several wealth management firms, including Marcus by Goldman Sachs and Wealthfront, have launched banking products to complement their investment services.
July 23 -
Policymakers should consider how new data computing can help ensure equal lending, not hinder it.
July 23
Kabbage Inc. -
FASB may have voted to delay its controversial new credit loss standard, but credit unions who use that delay as an excuse to further procrastinate are setting themselves up for failure.
July 23
Experian -
Bank posts its best second quarter since 2010 after a disappointing Q1; Cerberus in talks to buy loans at the center of a major accounting error.
July 23 -
The former head of the Small Business Administration and current Harvard professor says data sharing can be transformational for banks.
July 23 -
WeChat Pay and Alipay have huge markets, but China's lack of openness makes a Facebook Libra-style move unlikely, argues Utrust's Filipe Castro
July 23
Utrust -
Pressure to raise rates on deposits offset strong loan growth at the Salt Lake City company.
July 22 -
U.S. Bank has purchased BMW’s cobranded Visa credit card portfolio and will issue a new version of the card under the Mastercard brand early next year.
July 22 -
A group of senators on the Banking Committee sent a letter to the central bank chairman grilling him on the agency's efforts to develop a real-time payments system.
July 22






















