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The money will be split between the Southern Poverty Law Center and the Anti-Defamation League.
August 21 -
The gulf between those at the upper ends of the wealth ladder and lower-income Americans has worsened markedly since the financial crisis, despite the trillions of subsidies that taxpayers provide for housing.
August 21
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Prodigy Finance, a London-based graduate student lender, gets $240 million in new funding round; Bitcoin Cash value soars.
August 21 -
Payments are getting more complex as business gets more global, adding channels and expanding ways to sell. Part of the strategy at the matchmaker crowdSPRING is to find a match of its own: AliExpress, Alibaba's online marketplace. It’s also considering a foray into virtual currency.
August 21 -
Removing friction across channels and payment types not only leads to a transformative digital banking experience, it also helps ensure those positive outcomes translate to business success for financial institutions, writes Mark Little, senior user experience researcher for digital channels at Fiserv.
August 21
Fiserv -
How do you restore profits after a banking scandal that victimized both customers and employees — without inflicting more pain on either side?
August 18 -
The company says the tracking devices are a way to reduce office space and know when shared workstations are free, but "hot-desking" also raises questions about whether employees are being spied on.
August 18 -
The Department of Housing and Urban Development is facing a leadership crisis as top jobs go unfilled, leaving key decisions unresolved.
August 18 -
The Trump administration says it has put a stop to Operation Choke Point, a controversial initiative aimed at discouraging financial institutions from servicing high-risk businesses.
August 18 -
Interactive Facebook ads and Twitter chats can complement — and sometimes outdo — traditional marketing and networking in the recruitment of commercial clients, financial institutions say.
August 18 -
In times of economic stress, customers tend to flood the U.S. banking system with deposits. But the leverage ratio penalizes banks for conducting this core banking function.
August 18
American Bankers Association -
The bank agrees to pay $6 million to a California couple a judge said was illegally foreclosed on; do rewards programs help or hurt card issuers?
August 18 -
China's Alipay already has broad global reach—its mobile wallet is accepted at more than 100,000 retail locations in 70 international markets—but in North America it’s just getting started.
August 18 -
Regulators reached a $183.5 million deal Thursday to get debt relief to 41,000 students of the bankrupt Corinthian Colleges.
August 17 -
Sanger is out at Wells Fargo and so it is a crisis that gives us our first female board chair at a major U.S. bank. Women lead two major tech initiatives at JPMorgan Chase, which is also adding a fourth woman to its executive committee.
August 17
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A Fed committee studying Libor’s replacement has dwelled heavily on the potential impact to the derivatives market. Loans may become a bigger part of the conversation later this year, but the panel plans to leave a lot of the specifics up to lenders.
August 17 -
Prudential Financial is laying the groundwork to escape the government's label that it's too big to fail, a move that would dramatically reduce federal oversight of the largest U.S. life insurer.
August 17 -
The Home Affordable Refinance Program will now expire on Dec. 31, 2018, the FHFA said.
August 17 -
Credit card issuers have been trying to outdo each other to offer the best rewards program. And it shows, as customer satisfaction rates with many (but not all) of their banks have never been higher in a yearly J.D. Power study. But they may not last forever.
August 17 -
Basel Institute says enforcement is the problem; wealth adviser says bank steered clients away from her to white colleagues and blocked her promotion.
August 17


















