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Four lawmakers are calling on the White House to act quickly to appoint members to Democratic slots on the Federal Deposit Insurance Corp.'s board and on the Securities and Exchange Commission.
April 2 -
Business payments software provider Bill.com will offer Mastercard virtual cards as part of its automated accounts payable platform for small and midsize businesses.
April 2 -
American Banker won 11 journalism awards during the past week, including its first Grand Neal, the highest of the honors announced at this year's Jesse H. Neal business journalism awards.
April 2 -
Financial startups are becoming important partners for community banks and credit unions, despite lobbying efforts to limit their growth.
April 2
Upstart -
Serving the small-business market requires more than just rebranding a plastic card. There are certain functions related to expense tracking, for example, that don't come up in a typical consumer relationship.
April 2 -
Volunteer Income Tax Assistance is reportedly bringing an influx of consumers to credit unions this tax season, but those institutions are hamstrung on the extent to which they can turn that opportunity into new business.
April 2 -
The mortgage industry is stepping up its fight against a bill that would raise the Department of Veterans Affairs' mortgage fees to cover medical costs for Vietnam vets.
April 1 -
The central bank will hold an open meeting April 8 to consider revisions to "living will" standards and the tailoring of rules for overseas banks.
April 1 -
Finding a leader who has all the key attributes — and actually wants the job — may prove challenging, but here are some intriguing possibilities.
April 1 -
Citigroup earned the lone "A" on an investment firm's scorecard that measures companies' commitments to closing the pay gap between men and women. Goldman Sachs was one of four banks to receive an "F."
April 1 -
America's banks could largely weather a major housing downturn, a new Federal Reserve Bank of San Francisco analysis finds, and that includes thousands of smaller lenders that typically have higher exposure to real estate.
April 1 -
As N26 schedules its launch for midyear, it will face off against other startups and mobile-only spinoffs from incumbent financial institutions.
April 1 -
The Office of the Comptroller of the Currency has promoted Maryann Kennedy to oversee about 800 OCC examiners who supervise the largest banks.
April 1 -
Jumia Technologies AG said Mastercard Inc. has agreed to invest 50 million euros ($56 million) in a private placement ahead of the Africa-focused online retailer’s planned initial public offering in New York.
April 1 -
The bank is one of many to realize that artificial intelligence is only as good as the data fed into it.
April 1 -
Current rules developed in the early 1990s were driven more by politics than facts.
April 1
Seward & Kissel -
The flagship division is on course to miss next year’s financial projections; Investors may be using SOFR swaps as a hedge against expected volatility.
April 1 -
By learning from the struggles that resulted from Wells Fargo’s outages, the rest of the financial world can improve its own disaster recovery plans, writes Todd Matters, chief architect and co-founder of RackWare.
April 1
RackWare -
Mastercard has spent years attempting to overhaul transit payments to allow riders to pay with a contactless credit or debit card. This time around, it expects Apple Pay to play a significant role.
April 1 -
The National Credit Union Administration liquidated the $21 million-asset institution after determining it was "insolvent with no prospects of restoring viable operations."
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