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With no firm dates announced for processing certification and delivery dates for new hardware and upgrade kits 120 days or more out, the Windows 10 migration is shaping up to be a scheduling and budgetary nightmare, writes Yonas Marcos, president and CEO of Star Financial Services.
April 11
Star Financial Services -
In 2016, a big-bank consortium said that it would charge the same prices to all institutions, regardless of their size. But now the group has added a large caveat to that pledge.
April 10 -
The online lender's recent completion of a $700 million securitization provided Jonathan Ebinger at BlueRun Ventures an opportunity to reflect on what he has learned about the power of alternative data.
April 10 -
On the same day the House Financial Services Committee held a hearing with CEOs of seven of the largest banks, Sen. Sherrod Brown said bank misconduct since the crisis demanded further inquiry by the Senate Banking Committee.
April 10 -
The technology provider to financial advisers is partnering with Advisor Credit Exchange to help them connect their clients with banks and nonbanks for consumer and business loans.
April 10 -
The largest U.S. banks got a head start in launching Zelle through their mobile apps about 18 months ago, working closely with Zelle’s owner Early Warning Services LLC. It’s taking longer for smaller institutions to get up and running, due to some technical complexity.
April 10 -
The decade-old rule, now under review, is outdated and another example of one-size-fits-all regulation, community bankers say.
April 10 -
Amazon Go is caving to rising pressure from cities and states banning cashless stores and planning to introduce cash-acceptance to a model whose entire premise was about eliminating the friction of checkout with a seamless, card-based checkout.
April 10 -
A House Financial Services Committee hearing featuring seven large-bank CEOs tackled a host of contentious subjects, as Republicans and Democrats sparred over whether such institutions are simply too big.
April 10 -
The Fed should continue to play a key role in the new payments system, rather than leaving it in the hands of the country’s largest banks, Thomas Hoenig and Bruce Summers argue.
April 10 -
The central bank has failed to appropriately scrutinize deals in recent years, potentially putting the financial system at risk.
April 10
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Three regulators warn Wells it hasn’t made enough progress on consent order; poor fourth quarter investment banking revenue ignites cutbacks.
April 10 -
The resignation of Wells Fargo CEO Tim Sloan represented more troubles for an already scandal-ridden financial institution.
April 9 -
Senior officials at the OCC, FDIC and Fed signaled they agree more than they disagree on a plan to modernize the Community Reinvestment Act.
April 9 -
The heads of three agencies reiterated their concern about the bank’s progress in fixing risk management and corporate governance flaws.
April 9 -
With an implementation deadline less than a year away, bankers will be pressed to detail how a new accounting rule for loan losses will affect reserves, earnings and capital.
April 9 -
The regulatory relief bill passed last year eliminated mandatory stress tests for dozens of regional and midsize banks, yet many banks continue running internal tests anyway. Here’s why.
April 9 -
The Treasury secretary told the House Financial Services Committee that he has been in coordination with the U.S. bank regulators to soften the impact of the United Kingdom potentially failing to strike a deal on its exit from the European Union.
April 9 -
Mastercard has joined forces with Microsoft, Workday and the nonprofit Partnership for Public Service to recruit younger prospects to work with the CIA, the FBI, the DoD and the EPA battling global cyberattacks.
April 9 -
National Australia Bank is utilizing the end-to-end transaction tracking system through Swift's Global Payments Innovation system, making it the first bank in Australia to allow business customers to track international payments through one click on an account platform.
April 9
























