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Supermarkets and other retailers reported rejected transactions after a network glitch, causing some to quickly deploy cash-only checkouts.
June 1
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Amid rising interest rates and vehicle costs, longer loan terms and more, credit union auto lenders have two paths they can take to manage the challenges and opportunities that lie ahead.
June 1
Auto Financial Group -
The subprime lender could lose a big partner now that Fiat Chrysler has officially announced it will form its own auto finance unit, and the two are negotiating an end to their 6-year-old relationship.
June 1
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A change in House leadership in midterms would slow down regulatory relief initiatives and put more heat on Trump-appointed regulators.
June 1
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The revisions – approved by a May 30 notation vote – could ease the burden for credit unions approaching the MBL cap.
June 1
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The agency’s recent bulletin could help banks get back into the small-dollar lending business, keeping needy borrowers out of debt traps. But other regulatory limits remain in focus.
June 1
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JPMorgan Chase & Co. is boosting rewards on its credit card with United Continental Holdings Inc. as the airline seeks to strengthen its loyalty program.
June 1
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Black workers are now down to about one in 10 U.S. employees inside Citigroup, according to 2017 figures in a report published on its website.
June 1
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The banker made $140,000 in illegal trading profits; the German bank faces Fed stress test and “living will” examination soon.
June 1
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California lawmakers have voted to authorize the establishment of state-chartered banks for the limited purpose of serving the marijuana industry.
June 1
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Retailers often try to counter Amazon's dominance by using the e-commerce giant's strengths against it, including its reliance on search engine optimization.
June 1
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Readers react to acting Consumer Financial Protection Bureau Director Mick Mulvaney easing mortgage reporting requirements, opine on facial recognition systems, weigh in on Wells Fargo’s attempts to change its culture and more.
May 31
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Dark clouds may not yet be on the horizon, but industry executives are sending the message to investors that they know a turn in the credit cycle is coming, and they are planning accordingly.
May 31
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The $142-billion asset bank expects to deepen relationships with existing customers and add new ones, by collaborating with Intellect Global Transaction Banking to develop new services.
May 31
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Amid their recent policy victories and record earnings, big banks have also been forced to grapple with the possibility that commercial lending — the lifeblood for large regionals — may never fully come back.
May 31
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The plan, which the Federal Reserve Board approved Wednesday, would tailor compliance programs for banks based on their trading volume and revise definitions to help banks determine which trades are banned.
May 31
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A change in House leadership in midterms would slow down regulatory relief initiatives and put more heat on Trump-appointed regulators.
May 31 -
Intuit has added new features to QuickBooks Payroll so employers can make payroll at the last minute, delivering same-day paychecks to workers with the option to make direct deposits to contract employees.
May 31
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Billionaire Jack Ma’s Ant Financial is lifting its fundraising target to more than $12 billion by bringing in existing Chinese shareholders in a yuan-denominated financing round, people familiar with the matter said.
May 31
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As other banks de-emphasize mortgage lending, Citizens is spending half a billion dollars to buy a large originator with a big servicing portfolio.
May 31
